9/05/2022
URBAS has launched a new business area to develop residential and social healthcare centers in Spain focused on the senior segment. The goal is to reach 2,000 places in operation by 2025 and 5,000 by 2030.
3/05/2022
URBAS shoots up results in 2021, quintupling profits to €66 M, representing an increase of more than 400%. Turnover has reached more than €200 M and EBITDA €26 M.
28/04/2022
Urbas obtains 1.6 billion of its own shares under management, representing approximately 3.68% of its share capital. The company holds more than €20 M worth of treasury stock: “Positive news for the market, exceeding even the 0.8% average of treasury stock held by Ibex 35 companies,” emphasizes Juan Antonio Acedo, Chairman.
11/04/2022
URBAS, through the joint venture formed by two of its construction companies, ECISA and MURIAS, has carried out the interior design works of the new corporate headquarters of Metro de Madrid, with a budget of more than 4 million euros.
28/02/2022
Following the consolidation of the new acquisitions and the expansion of the business perimeter, URBAS confirms in 2021 the achievement of positive results with profits of €66 M, a turnover of more than 200 M€ and an EBITDA of €26 M. Working Capital improved by 65% to almost €500 M.
21/02/2022
Urbas signs Rafael Valenzuela to head the ‘Energy and Industry’ area and Daniel Navalón to head the ‘Infrastructures and Building’ area. Both join the business team led by Juan Antonio Acedo, Chairman of the company, and which is completed by Javier Prieto in the General Management of ‘Real Estate Development’.
7/02/2022
URBAS is currently executing works globally worth 511 million euros, almost 30% of which is outside Spain. Latin America accounts for 65% of its international portfolio with significant projects underway in Panama, Colombia and Bolivia. In addition to LATAM, URBAS is also very competitively positioned in Portugal, Algeria and the United Arab Emirates.
25/01/2022
URBAS enters and diversifies its activity in the segment of residences for the elderly, one of the assets with the greatest long-term growth potential in Spain. It will be responsible for the real estate development of the projects through the acquisition of the land, the construction and the complete execution of the turnkey projects that will be acquired by CPI through an additional agreement for their subsequent commissioning.
30/12/2021
URBAS thus improves the forecasts detailed in its Business Plan for build-to-rent housing by 45%. The company is is currently negotiating with several investment funds specialising in rental housing the sale of 50% of its total build-to-rent portfolio for a value of more than 100 million euros.
16/12/2021
Juan Antonio Acedo, CEO of URBAS, presents its Business Plan to 2024, which includes major objectives such as reaching 826 million euros in 2024, multiplying by almost four times its turnover. He also details the plan for the distribution of dividends and what they expect from their new line of business in the world of renewable energies and self-consumption.
13/12/2021
The growth in the Garellano area, one of the areas of Bilbao that has undergone the greatest renovation in the new urban redevelopment of the city.
23/11/2021
The growth in turnover, the improvement in operating margin and a greater generation of free cash flow forecast the upward projection of URBAS, which is now in a solid position to drive forward its Business Plan. By 2025, it expects to reach a capitalisation of more than 2,000 million euros, more than 1,000 million euros in turnover and an EBITDA of almost 150 million euros.
22/11/2021
Quamtium Venture indirectly holds 20.77% of the capital of URBAS and is controlled by its Chairman, Juan Antonio Acedo. Al Alfia Holding, owned by the Qatari royal family, took a significant stake in URBAS (4.85%) after the purchase of Ecisa.
11/11/2021
The company leaves its complex in Calle Santa Cruz de Marcenado to move to the Gobelas 15 building in La Florida.
18/10/2021
Este acuerdo reconfirma el compromiso y la estabilidad del Consejo de Administración de URBAS en beneficio de todos sus accionistas
04/10/2021
In total, 180 homes out of a portfolio of 2,400 with which URBAS has positioned itself in the Basque Country.
30/09/2021
The company advances in its growth and expansion strategy focused on creating value for its shareholders and investors.
30/9/2021
Executes the photovoltaic installation of the Belvalle shopping center (Meco) with Barter Energy.
23/9/2021
Assets that were encumbered as collateral are released through the cancellation of mortgage charges.
22/9/2021
The company chaired by Juan Antonio Acedo multiplied by 12 its turnover to 85 million euros
26/07/2021
Juan Antonio Acedo has managed to create a construction group with an aggregate portfolio of 1,168 million euros, which also allows synergies with real estate development, photovoltaic self-consumption, energy efficiency and mining.