ndp-13-may_2022

13 May 2022

• As a result of the collaboration between the two service companies, the "BTR 360º Services" project was born, where efforts, know-how, experience and territoriality have been combined.

• The Build to Rent sector has become consolidated in Spain, with more and more developers, consultants and investors participating in this formula.

• An increase by 2022 of almost 15 % is projected, exceeding 2.4 billion

Build to Rent (BTR) will be one of the major real estate models in 2022, with more than 2.4 billion euros of investment in Spain, according to Activum Real Estate Consulting, real estate consultancy. In this context, Activum Real Estate Consulting, and Get it right Assistance (Caser Group)a company specialised in Real Estate Asset Maintenance, have launched 360º BTR ServicesThe BTR building management system, a comprehensive portfolio of services that will allow us to respond to all the needs of launching and maintaining BTR buildings, as well as providing guest services.

As a result of the collaboration between two consolidated companies in the service sector, this commercial agreement is born in which, combining efforts, know-how, experience and territoriality, a response is given to the full range of services that Build To Rent requires. In this way, 360º BTR Services offers holistic management of these rental assets: lead generation and market development, project management, marketing and commercialisation of the properties, comprehensive asset maintenance and 24-hour customer service with the building already in operation.

360º BTR Services will make it possible to maintain and increase the value of the property itself over time, as well as to optimise maintenance costs, specific actions, general expenses, taxes and insurance and maximise the total income it produces, which goes beyond simple rents and their updating.

For Antonio Lodeiro, CEO of ActivumThis 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), who brings together all the services and does so in a specialised manner in each field". And 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 of Caser AsistenciaWe 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".

A booming real estate model in Spain

The Build to Rent sector has consolidated in our country and more and more developers, consultants and investors are participating in this segment. It is estimated that 2.1 billion euros will be invested in residential rental property in 2021, which represents an increase of 5 % compared to the previous year, according to Activum's Research Department. According to Activum Research, there will also be an increase by 2022 of almost 15 % to over EUR 2.4 billion.

At present there are around 30 developments published on the Idealista real estate portal, mainly in Madrid and Barcelona.