Since our beginnings in June 2019, we have already financed projects in Spain worth over 240 million euros. This figure represents more than 60% of the volume transacted by crowdfunding in our country, positioning us as the leading platform in the market. Additionally, this same week, we successfully financed our first project in Portugal, the Paulo Duque project located in Lisbon, thanks to 278 investors.
Since starting the internationalization process last December with operations beginning in France and Portugal, we are now focusing on Italy, a market with high growth potential to position ourselves among the top platforms in the short term.
In Italy, our goal is to achieve a volume of 50 million euros in financed projects in the first year of activity. To achieve this, we will have a team led by our Country Manager in Italy, Carlo Magnoni, a professional with over 20 years of experience in investment and real estate development.
“In addition to relying on a professional local team with extensive experience in the sector, we believe that our learning from Spain and the good results of the model we have consolidated will allow us to achieve a relevant position in the Italian market. With this, we continue to advance towards our goal of becoming the leading European platform for real estate crowdfunding within two years”, says our CEO and co-founder, Diego Bestard.
“Although real estate crowdfunding in Italy is more recent than in other European countries, it has shown significant growth in recent years. At Urbanitae, we are determined to work to ensure that collaborative investment continues to climb positions as a financing source among local developers”, adds Carlo Magnoni.
At Urbanitae, we bring together small and medium savers to invest in real estate assets (residential, commercial, and industrial), benefiting from high returns and offering an alternative source of financing to real estate developers. After obtaining authorization to operate throughout Europe, our goal is to reach every corner so that anyone can invest in the real estate sector starting from 500 euros and become leaders in all countries.
