Vitruvio Real Estate Socimi SA agreed to draft terms of merger to acquire Apartamentos Redondo SA on March 26, 2015. The transaction was approved and signed by all the administrators of Apartamentos Redondo and Vitruvio Real Estate on March 26, 2015. The transaction was approved by shareholders of Apartamentos Redondo on July 7, 2015 and transaction was approved by shareholders of Vitruvio Real Estate Socimi on July 30, 2015.

Vitruvio Real Estate Socimi SA completed the acquisition of Apartamentos Redondo SA on July 30, 2015.