Bossa Nova closes with a 39.92% return and a 13.18% IRR
Bossa Nova, a 32-home residential development in Ibiza, closes after 32.5 months with full capital repayment, a 39.92% gross return and a final IRR of 13.18%, very close to initial forecasts.
Category Equity
Equity projects
Mirador Sur: Capital Appreciation for 240 Homes in Albal, Valencia
Mirador Sur offers the opportunity to invest in a 240-home development in Albal, within the Valencia metropolitan area, with a 21.15% preferred IRR and planned bank financing.
Francos III: A New Ticket for the Prime Office Project in Porto
Francos III offers the opportunity to invest in the development of a prime office complex in Boavista, with architectural approval granted, an international developer and a 15% preferred IRR.
La Sella Golf: Capital Appreciation for 131 Townhouses in Dénia
La Sella Golf offers the opportunity to invest in a 131-townhouse development in Dénia, with planning permission granted, committed senior financing and initial reservations.
Lavapiés 50: Value-Add Opportunity in a Residential Building in Central Madrid
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: New Ticket for a Prime Office Development in Porto
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.
New project: tourist apartments in Nervión, Seville, with a 13% preferred return
Project in Nervión to convert an asset into 44 tourist apartments, with a 13% preferred return and a high-occupancy operator.
New project: 24 homes in Playa de Aro, in the heart of the Costa Brava
Development of 24 homes in Playa de Aro, by the beach and in an area with limited new-build supply, managed by a team with strong local experience.
Mazarredo Offices II: new ticket to expand a value-add office deal in central Madrid
Extension of a value-add office operation in central Madrid, with below-market rents and a repositioning and sale strategy.
New project! Diversify into office space in central Madrid
The project involves acquiring an office building in the Arganzuela district to stabilise it with market rents and sell it to an institutional investor.
