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Iberdrola Inmobiliaria sells development in Madrid

Iberdrola Inmobiliaria has started selling its new residential development Los Altos de Arroyomolinos that, located in the Madrid town of Arroyomolinos, in the surroundings of the Madrid Xanadú leisure centre, will be delivered in the first quarter of 2009. Los Altos de Arroyomolinos is a private estate composed of 76 homes distributes over two sites, each with 38 semi-detached 3 and 4-bedroomed houses and private garden. The new development of this Iberdrola subsidiary is notable for its high environmental quality level, since it is built in surroundings of over 100,000 square metres of green areas in the vicinity of the Regional Park of the river Guadarrama.



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