Allonbay Aura: An Equity Exit That Helps Explain Where Returns Come From

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.
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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.

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

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.