The history of URBAS has always been linked to real estate development and management. Although its beginnings are also linked to the service of public transportation through concessions.

This is our history

  • Urbas Establishement
  • 1975
  • 1990
  • 2004
  • 2020
  • 1944 Urbas Establishement

    Urbas Establishement

    Tranvías de Barcelona, S.A., Banco Hispano Colonial and Banco Español de Crédito established Urbanizaciones y Transportes, S.A. (URBAS), a concessionaire for transport services in the municipality of Barcelona. The new company operated several suburban bus and tram lines under concession until 1972. From its origin, the company was also involved in the real estate sector, with a strategic vision to undertake new urban developments in the metropolitan area adjacent to the transport lines in operation. Its shares began trading at the Stock Exchange in 1945.

  • 1975 Primary real estate activity

    Primary real estate activity

    Urbas continued the expansion of his real estate businesses. Between 1972 and 1988 it completed 34 real estate projects. Between 1988 and 1990, diversified its business activities entering into concessions for the construction and operation of public car parks, especially in Catalonia and the Spanish Levante, as well as the shareholding participation in companies in the high-tech sector.

  • 1990 Started trading at the Spanish Continuous Trading Market

    Started trading at the Spanish Continuous Trading Market
    In 1990 it began trading on the Spanish Continuous Trading Market, and in 1994 moved its headquarters from Barcelona to Madrid. In the mid-1990s, went through economic difficulties that brought her to the brink of bankruptcy. This situation led to the suspension of the stock by the authorities between 1997 and 1998.

  • 2004 Control changeover in the shareholdership

    Control changeover in the shareholdership
    In 2004, the company Guadahermosa Grupo Inmobiliario S.A. acquired 24.8% of its capital, becoming a new majority partner. This acquisition involved a change in the management of the company, focusing its activity almost exclusively again on the real estate sector, and detached from its investments in other sectors. In 2006, it merged with Guadahermosa Proyectos Urbanísticos S.L. and Costa Rey S.L., and the company was rebranded as Urbas Guadahermosa S.A. In 2011 it changed its name again to Urbas Grupo Financiero S.A.

  • 2020 Diversification

    New management team.

    In the new era, Urbas remains dedicated to real estate developments, but with a diversification strategy; both in activities and business areas. The strategy involves generating synergies in the areas of construction, services and concessions, and in the exposure to international markets in an opportunistic fashion.

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