We are pleased to announce the addition of Alicia Hinojosa as an independent member of our Investment Committee at Urbanitae, effective February 17, 2025. With over 35 years of experience in the real estate sector, Alicia will bring valuable insights and an extensive professional background to our team.
Alicia is a trained architect and has built a distinguished career in both the public and private sectors. She began her career in public administration, where she focused on the development of business, logistics, and technology parks. Later, in the private sector, she served as Director of Unique Assets and Real Estate Development at Haya Real Estate.
Currently, she is a senior advisor at PwC, after five years as a director, leading the Corporate Finance and Technical Services area of Real Estate, specializing in transactions and the development of large-scale real estate projects.
The project approval process at Urbanitae
The Investment Committee at Urbanitae plays a fundamental role in our project selection process. Every transaction we consider for financing undergoes a rigorous evaluation in two phases: an initial approval and, after due diligence, a final decision. All decisions are made unanimously, ensuring the highest quality and viability of the projects presented to our investors.
With Alicia’s addition, the Investment Committee is now composed of two independent experts: Ignacio Novela (Terram Capital) and Alicia Hinojosa (PwC). Representing Urbanitae, the committee includes Eduardo Navarro (President of Urbanitae) and the directors of the real estate division: Jorge Turégano (Equity), Luis Maura (Commercial Real Estate), Simão Cruz (Portugal), Javier Clemente (Asset Management), and Sergio Arana (Real Estate Director).
Once a project receives initial approval from the Committee, it undergoes a triple due diligence process:
- Legal: Assessed by top law firms such as Garrigues.
- Technical: Reviewed by experts like Nurbex, who evaluate licenses, timelines, and the project’s technical and urban planning aspects.
- Commercial: External firms such as Básico Real Estate, Savills, and local marketers provide market insights and assess the project’s commercial viability.
Over €1 billion in transactions
In 2024, we analyzed projects worth over €1 billion, of which we financed €180 million, representing approximately 16% of the total. This rigorous selection process is key to providing our investors with safe and profitable investment opportunities.
The arrival of Alicia Hinojosa strengthens our commitment to excellence and transparency in real estate investment management. Her experience and expertise will be instrumental in continuing to identify and select high-value projects for our investor community.
For more details about our project selection process, we invite you to read our article: How Urbanitae chooses its projects.
