The Madrid Riverfront District Redevelopment is a large-scale urban regeneration project located in central Madrid, comprising 296 residential units, 2,800 m² of retail space and 1,100 m² of workspace. The bond is secured by pledges over project-related assets and interests, with capital deployment controlled via an escrow waterfall and monitored by an independent security agent appointed to act on behalf of bondholders. The project targets BREEAM Excellent certification and incorporates photovoltaic façade elements, low-consumption landscaping and sustainable construction materials. Residential vacancy rates in Madrid remain structurally low, supporting resilient rental absorption and long-term demand fundamentals. Subscription is restricted to professional and institutional investors.