Urbas acquires ‘Alandulus’ and increases its position in the build-to-rent market with more than 1,100 homes and estimated revenues of 200 million euros

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.

URBAS moves its headquarters from Madrid to a building three times its size

The company leaves its complex in Calle Santa Cruz de Marcenado to move to the Gobelas 15 building in La Florida.

Urrutia, Urbas’ construction company, builds the tallest residential building in the Basque Country with a contract worth 36 million euros

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.

Urbas takes off with its 2021-2024 Business Plan.

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.

Urbas takes off with its 2021-2024 Business Plan

Quamtium Venture and Qatar’s Al Alfia holding company agree to syndicate shares for 25.6% of URBAS

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.