Urbanitae participates in SIMA 2024 as a partner

Urbanitae estará en SIMA 2024, esta vez como Bronze partner de SIMAPRO

Urbanitae participates in SIMA 2024 as a partner

The date for the largest event in the Spanish real estate market is approaching. At Urbanitae, we are pleased to announce that we will be attending SIMA 2024 once again, with some significant new developments.

From May 22 to 25, SIMA 2024 will be held at Ifema, marking the 25th edition of the premier real estate event in the Spanish market. As in previous years, SIMA also includes the Real Estate Investor Show – aimed at savers and small investors; SIMAPRO – focused on professionals; and the European Proptech Expo, which highlights real estate technology.

Urbanitae will be participating in several ways. The first, which is new this year, is that we will have the largest stand at the entire fair, accompanied by the most prominent real estate developers in Spain. The idea, as always, is to bring real estate investment closer to small and medium savers. Additionally, we aim to introduce our financing proposal to developers who are not yet familiar with us, surrounded by those who have already worked with us. You can find us at stand B2-04.

Four presentations for investors

In this edition, we are also partners of SIMAPRO, so you will find us throughout the event. As last year, our CEO will participate in several debates and presentations:

  • On Thursday, May 23, at 11:15 am, Diego Bestard will participate in a debate about the role of technology as seen by the main players in the sector, at the European Proptech Forum.
  • On the same day, at 1:00 pm, Diego Bestard will discuss real estate investment and, specifically, the alternatives offered by crowd platforms within the Small Investor and Owner Forum. You can see him at the Urbanitae Auditorium in the Real Estate Investor Show. On Saturday, May 25, at the same time, our HNWI Director, Pepe Gómez-Acebo, will be giving this conference.
  • Lastly, our CEO will discuss the capacity of the Spanish financial system and the role of alternative financing on Thursday at 4:45 pm.

Real estate investment in Spain

The first quarter of 2024 closed with a decrease in real estate investment volume in Spain. The figure stands around €2.1-2.2 billion, which is between 14% and 30% below the same period last year – according to BNP Paribas Real Estate and CBRE, respectively. The high-interest rate environment continues to favor investors who do not need financing, such as family offices, which remain the most active.

However, the trend is expected to improve in the second half of the year thanks to a moderation in interest rates starting in June. At Urbanitae, things look very different: in the first half of the year, we financed nearly €27 million in real estate projects, 12% more than in the same period in 2023. As of the end of April, we surpassed €45 million, representing an annual increase of 30%. The good return/risk combination of our projects and the low entry barrier – the minimum investment is €500 – reveal a growing investor appetite.

If you want to learn more about our investment model or gauge the health of the real estate sector firsthand, come to SIMA 2024 and visit us at stand B2-04. We will be delighted to assist you!

Post a Comment