The most anticipated moment in a project\u2019s lifecycle has arrived: the repayment. We have now fully completed more than 80 investments, representing over \u20ac144 million returned to no fewer than 52,000 investors who have entrusted not only their capital, but also their confidence, to Urbanitae.<\/p>\n\n\n\n
Today it is the turn of Passeig de la Pau, in which 757 investors participated in July 2022. Following the third and final distribution, the project is now fully closed, after having previously returned part of the capital and the profits generated.<\/p>\n\n\n\n
Passeig de la Pau<\/a> was a residential value-add project<\/strong> for the development of a new-build promotion in Santa Eulalia del R\u00edo (Ibiza).<\/p>\n\n\n\n The project included the construction of a residential complex comprising:<\/p>\n\n\n\n The investment was structured through participation in the developer\u2019s equity, with the aim of generating returns through the development and sale of the units.<\/p>\n\n\n\n From a construction standpoint, the project progressed as planned:<\/p>\n\n\n\n However, the final phase of the project was affected by two main factors:<\/p>\n\n\n\n To avoid further delays and facilitate the investors\u2019 exit, the developer opted to acquire these units at market value<\/strong>, allowing the project\u2019s outcome to be realised.<\/p>\n\n\n\n Despite these adjustments in the final phase, the project closes with a positive and competitive result.<\/p>\n\n\n\n Final figures are as follows:<\/p>\n\n\n\n Overall, the project distributed a total of 138.04% of the initial investment<\/strong>, through several repayments, including this final distribution in the form of share capital and dividends.<\/p>\n\n\n\n It is worth noting that sales revenues exceeded initial forecasts, which helped offset the impact of delays in the final stage of the project.<\/p>\n\n\n\n Passeig de la Pau<\/a> is a good example of how a project can maintain an attractive outcome even when adjustments arise in its final phase.<\/p>\n\n\n\n Construction was completed as planned, and active management in both sales execution and decision-making<\/strong> \u2013 such as the developer<\/a>\u2019s acquisition of the remaining units \u2013 made it possible to:<\/p>\n\n\n\n\n
Solid execution and delays in the final phase<\/h2>\n\n\n\n
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Final return of 38%<\/h2>\n\n\n\n
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The value of active management<\/h2>\n\n\n\n