§ There are currently around 30 developments published on the real estate portal Idealista, of which mainly in Madrid and Barcelona. mainly in Madrid and Barcelona.
§ Gestilar, AQ Acentor and Aedas: the Spanish developers with the highest number of developments in BTR.
The Build to Rent (BTR) is fully established in the United States and increasingly in European countries. But... What are the estimates for this business in Spain? Activum Real Estate Consulting, has analysed this emerging market in our country.
According to a study carried out by Activum, this business will be one of the major real estate models in 2022, exceeding 2.4 billion investment in Spain. There are currently around 30 developments published on the real estate portal Idealistaof which the main ones are distributed as follows Madrid and Barcelona.
Source: Activum.co.uk a 05/2022. The ranking was compiled on the basis of a report by Activum's Research Department. Research department of Activum.
Which developers are committed to this model?
The major Spanish developers are clear that this is a business opportunity. Gestilar, AQ Acentor and Aedas are leading the number of homes planned for the next two years with this model.
In this context, Activum Real Estate Consulting, and Acierta Asistencia (Grupo Caser)have launched 360º BTR Services, a comprehensive portfolio of services that will allow us to respond to all the needs of launching and maintaining BTR buildings, as well as guest services.
For Antonio Lodeiro, CEO of Activum, "This agreement will benefit both investors and developers as well as the end user. Investors and developers in BTR need operators specialised in the management of this type of assets, with the capacity to manage large volumes and a wide geographical presence. In addition, we know that they will value the efficiency, coordination and speed of management and communication with the figure of the Property&Facility Manager (a "TOTAL" manager), which brings together all the services and does so in a specialised manner in each field". He adds that "At Activum we have positioned ourselves with the leader in Spain, Acierta Asistencia (Caser Group), to offer 360º BTR Services and respond to this demand"..
For Rodolfo Nevado, Commercial Director, Acierta Asistencia, "We understand that this is the time to exploit the business associated with Build to Rent and two leaders in real estate asset management, one more focused on marketing and commercialisation (Activum) and the other on Asset and Facility Management (Acierta), will achieve more by acting together than separately and we will approach the market with an integrated solution".
