We acquire, develop, manage and co-invest in urban living projects in Spain, places where people stay for a day, a week, a year or their whole lives. Residential properties, build-to-rent, co-living, aparthotels and urban boutique hotels. Since 2001 we have worked alongside international investors, developers and operators to acquire urban living investment and development projects. We prepare and execute strategic expansion plans and manage the day-to-day business.
STRATEGY
Investment Parameters
- Use: co-living, aparthotel, hotel
- All regions in Spain
- Capital cities and coastal areas
- Areas with high foreign penetration
- New development projects
- Existing hotels or buildings
- Tertiary or residential land use
- Freehold properties
- GFA 3,000m2 to 10,000m2
- 50 to 250 units
PROJECTS
A selection of investment projects in the Urban Living sector:
BTR PORTFOLIO PRE-ACQUISITION (CORP)
Barcelona Province (2024)
542 units
- 7 Residential Buildings
- € 150 mio
Identification of an investment opportunity and sourcing for funding to acquire seven residential rental assets in the region of Barcelona. Owned-operated by Patrizia. In collaboration with Compass Rock International.
PRE-ACQUISITION EXISTING ASSET
Via Augusta, Barcelona (2016)
72 units
- 4* Serviced Apartments (Saco)
- 3,500m2
Deal identification, initial design program, purchase preparation for a conversion project into a serviced apartment hotel. In exclusive collaboration with London based, Saco Serviced Apartments.
PRE-ACQUISITION NEW DEVELOPMENT
Diagonal, Barcelona (2011)
193 units
- 4* Urban Hotel (Hilton Garden Inn)
- 8,500 m2
Deal identification, initial design program, preparation lease and purchase contracts for a new development project, leased to Hilton Garden Inn. In collaboration with Hilton and a Spanish savings bank.
PRE-ACQUISITION EXISTING HOTEL
Port Vell, Barcelona (2012)
473 units
- 5*GL Urban Resort Hotel (Hotel W)
- 30,000m2
Deal identification of a unique investment opportunity. W Barcelona, operated by Starwood (Marriott). Due diligence and purchase preparation. Collaboration with an US Insurance Fund.
PROJECT MONITORING
Villajoyosa, Valencia (2011)
113 units
- Residential Development
- 10,000m2
Project and cost monitoring during tender process and identification of end-investors. Instructed by international residential developer, Bouwfonds Property Development (BPD/Rabobank).
ANALYSIS EXISTING ASSET
C/Villanueva, Madrid (2010)
56 units
- 5* Boutique Hotel (Franklyn)
- 4,500m2
Deal identification, initial design program, purchase preparation for a conversion project into urban boutique hotel. In exclusive collaboration with Singapur based, KOP Limited.
PRE-ACQUISITION LAND & DEVELOPMENT
Torrelavega, Santander (2008)
112 units
- Residential Development
- 10,000m2
Due diligence, business planning, contract preparation to purchase residential land and co-develop in joint venture 112 residential units. In exclusive partnership with residential developer, Bemog.
PROJECT MONITORING
Santa Pola, Valencia (2007)
188 units
- Residential Development
- 16,000m2
Project and cost monitoring during tender process and identification of end-investors. Instructed by international residential developer, Bouwfonds Property Development (BPD/Rabobank).
MANAGEMENT NEW DEVELOPMENT
Montjuic, Barcelona (2004)
80 units
- 5*GL Boutique Hotel (Miramar)
- 5,000m2
Development management, cost control and fund monitoring. Gran Hotel Miramar 5*GL. Development process of 2 years. In collaboration with The Stein Group, funded by Apollo Real Estate Advisors.
MANAGEMENT REDEVELOPMENT
Tibidabo, Barcelona (2001)
74 units
- 5*GL Boutique Hotel (La Florida)
- 5,000m2
Development management, cost control and fund monitoring. Gran Hotel La Florida 5* GL. Development process of 3 years. In collaboration with The Stein Group, funded by Apollo Real Estate Advisors.
CLIENTS
A selection of Partnerships in the Urban Living sector:
