Gate 3 and Gate 3 II Close with IRRs of 9.78% and 9.97%

Gate 3 and Gate 3 II, two debt tranches to finance three luxury villas in Benahavís, close with full capital repayment and interest payment.

Gate 3 and Gate 3 II, two debt tranches to finance three luxury villas in Benahavís, close with full capital repayment and interest payment.

Ronda Nord finances an ongoing residential development in Sant Feliu de Guíxols, with 28 homes, valid permits, construction 25% complete and a first-ranking mortgage.

Paseo de los Olivos finances the conversion of three commercial units into 66 storage units and two apartments in Madrid and Móstoles, alongside Grupanxon, a recurring Urbanitae sponsor.

Balcón del Sur closes within the expected timeframe following the granting of the licence and the securing of bank financing, with full repayment of capital and interest.

Allonbay Aura was exited with a 61% gross return and a 21.5% IRR, far above the initial scenario, thanks to stronger sales, cost control and tax efficiency.

Torrinha Gardens II finances the second tranche of a development comprising 27 tourist apartments and a retail unit in Porto, with construction underway, permits granted and repayment expected through bank financing.

Lavapiés 50 offers the opportunity to invest in an almost fully renovated building in central Madrid, featuring 19 apartments, a retail unit, the Reside Plan and a preferred return for Urbanitae investors.

Francos II completes the equity ticket for a newly built office project in Boavista, with architectural approval granted and a 15% preferred IRR for Urbanitae investors.

The Vivaldi Project finances the final phase of a luxury villa in Sierra Blanca, with construction progress above 65%, first-ranking mortgage security and an LTV below 44%.

The Manjoya Project finances the acquisition of seven shovel-ready urban plots in Oviedo, with a valuation above €33 million, a 19.9% LTV and an exit supported by a committed sale agreement.

The first quarter of 2026 confirms the imbalance in the Spanish residential market: solid demand, rising prices, a strained rental market and insufficient supply.

Financing of an ongoing residential development in Cártama, with 32 homes, valid building permit, more than 30% of construction completed and mortgage security.

SIMA 2026 was a particularly important edition for Urbanitae: stronger professional presence, momentum for Direct Investments and an Asprima-SIMA award for Academy.

Urbanitae Academy receives a new recognition after being awarded by Asprima-SIMA as the best business initiative in real estate education.

Financing of three luxury townhouses in Pozuelo, with building permit granted, construction underway, 2 of 3 units reserved and first-ranking mortgage security.

Financing of 24 premium homes in Busto Arsizio, near Milan, with permits granted, construction underway and first-ranking mortgage security.

Financing of a beachfront land plot in Mijas Costa, with 167 planned apartments, a first-ranking mortgage and surety bond insurance.

We are participating as partners for the fifth consecutive year at the leading real estate event, with a prominent presence at SIMAPRO and the SIMA INVEST Private Investor Forum.

Second tranche of the Arianna project: a mezzanine loan at 13% annually to reposition a hotel and two luxury villas near Forte dei Marmi.

The Hotel Roca Negra project closes ahead of schedule after bank refinancing, with full capital repayment and a final IRR of 13.85%.

Financing of an exclusive property next to Retiro Park, with full refurbishment, a specialised manager and first-ranking mortgage security.