he Urban development of Hitasa warehouses That the intended insurance company reaches Courts Due to a dispute unrelated to the Seville developer, which led to a dispute between two owners of the land located in the facilities of the old factory of the Seville Company. … Eagle Hill.
As this newspaper reported last September Insurance group He is working on a real estate project in the old Hytasal facilities in Cerro del Águila, where he plans to build a residential tower of about twenty floors. Although this business initiative is now affected by the open litigation between two current owners of the said land, it may cripple the immediate development of this neighborhood, which forms a business unit with several owners, Osprey Sevilla SLOwned by an American investor. Canvive Real Estate Investments; And from other audiences, adiv.
Nearly twenty years have passed since the project to rehabilitate these lands. Subsequently, Hytasal transferred the real estate uses for residential use on these lands to Inmobiliaria Vegas de Guadaira in exchange for Urbanization of the entire sector. But after almost two decades this measure has not been implemented by La Vegas de Guadaira or Canveves.
In December 2022, with entry Hitasal competitionAfter agreeing to exchange, Osprey took over the properties owned by Hitasal, which were owned by Hitasal Industrial use. Within the land acquired by the American investor were the protected warehouses designed by Anibal González. At the same time, the land for residential use was given to Vegas de Guadaira, with a commitment to developing the entire surrounding area.
Osprey somehow tried to convince the other owner to comply with his obligations as developer and conveyed that to Canvives, the current owner of the land owned by Vegas de Guadaira. He also took this case of non-compliance to the Seville City Council with the aim of replacing the developer.
ABC news about Insur’s real estate project prompted Osprey to take action on the matter. The first thing to do is send a perfax to Canvive Real Estate Investments In light of the breach of its obligation, terminate all agreements concluded between Hytasal (currently known as Osprey) and Inmobiliarias Vegas (currently known as Canvives) pursuant to which the urban development uses in the Hytasal sector were transferred in exchange for Canvives bearing, in full and exclusively, the obligation and cost of the urbanization in the Hytasal sector.
Moreover, because urban development is up to and consistent with Osprey, Canvives are urged to “ Refrain from sellingOr transfer, mortgage, assign, or dispose of it by any means.” The Department of Urban Planning and Insurance has been informed of this.
As the situation continues without any resolution, Osprey, which considers there to be “bad faith” in the actions of Canvives, intending to leave the fulfillment of its obligations to its exclusive will with the consequent economic damage to Osprey, filed a lawsuit last Thursday in Civil courts in MadridLegal guidance was entrusted to lawyer Sofia Acuña, partner of MA Abogados.
This move solidifies the situation Hitasa flooringwith the consequent risk of influencing its development and the development of any project, given Osprey’s stated intention to assert its rights through appropriate means.