TSL Diagonal Alto, a student residence five minutes from the University Area in Barcelona

By October 6, 2017Press releases


Temprano Capital Partners, in collaboration with CPA®:18 – Global, a fund managed by W. P. Carey
Inc., has agreed to purchase a flying freehold from Equilis to develop a student residence in Esplugues
de Llobregat, Barcelona just five minutes from the University Campus Sud UPC area.

TSL Diagonal Alto will be a student residence comprising approximately 370 studios within a 10,500 m²
building located above the Finestrelles Shopping Centre that is being developed by Equilis and includes
a total gross living area of 40,000 m² and 110 retail units.

Jamie Rea will be leading the project as part of the extensive development program being carried out
by Temprano Capital Partners in Iberia.


ESPLUGUES DE LLOBREGAT 2nd September 2017. TSL Diagonal Alto will be a high-quality student housing
project developed by Temprano Capital Partners in collaboration with CPA®:18 – Global, a fund managed
by W. P. Carey Inc., within the municipality of Esplugues de Llobregat, Barcelona.
TSL Diagonal Alto comprises the development of a 10,500 m² building, housing approximately 370 studios
equipped with complete kitchens, double beds, en-suite bathrooms, televisions and incorporating the
latest innovations and premium finishes. In addition, the project will have high speed Wi-Fi, common
areas and meeting rooms incorporating cinema, different lounges, “dinner party rooms”, library, “chillout
areas” and a gymnasium.
TSL Diagonal Alto is part of a real estate complex that includes a student residence developed by
Temprano Capital Partners and the Finestrelles shopping center, developed by Equilis. Following the
strong expansion and growth of the various business activities of Temprano Capital Partners, TSL Diagonal
Alto represents one of the first investments of this type for this investor and developer, created in 2013
and by a team with more than 25 years’ of experience in the Iberian property market.
TSL Diagonal Alto will open its doors to national and international students in early 2019 and will be
managed by an international and prestigious student residence operator. TSL Diagonal Alto is located in
a privileged area of the town of Esplugues de Llobregat, just five minutes from the University of Barcelona,
with a 24-hour tram service and adjacent to the Ronda de Dalt, B23 and Diagonal.
Jamie Rea, a new addition to the Temprano Capital Partners team, is responsible for the TSL Diagonal
Alto development program. Jamie has worked in the Spanish property market for more than 25 years, the
last 14 of which as Managing Director of Hines, Spain where he has overseen many large projects.

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