{"id":2738,"date":"2017-07-21T10:40:45","date_gmt":"2017-07-21T10:40:45","guid":{"rendered":"http:\/\/www.grupolandmark.es\/?p=2738\/"},"modified":"2018-05-09T07:24:47","modified_gmt":"2018-05-09T07:24:47","slug":"via-celere-accelerates-its-investment-plan-before-to-debut-on-stock-market","status":"publish","type":"post","link":"https:\/\/www.grupolandmark.es\/en\/via-celere-accelerates-its-investment-plan-before-to-debut-on-stock-market\/","title":{"rendered":"&#8221; Via C\u00e9lere accelerates its investment plan before to debut on Stock Market&#8221;"},"content":{"rendered":"<p id=\"tw-target-text\" class=\"tw-data-text tw-ta tw-text-small\" dir=\"ltr\" style=\"text-align: justify;\" data-placeholder=\"Traducci\u00f3n\"><span lang=\"en\" style=\"font-family: helvetica, arial, sans-serif;\">The developer controlled by the V\u00e4rde, Attestor and Marathon funds, among others, invests around \u20ac 100 million \u00a0in expanding its portfolio of soils to 1.2 million square meters.<\/span><\/p>\n<div id=\"contenedor\" class=\"contenedor\">\n<div id=\"contenido\" class=\"contenido\">\n<div class=\"col col-12\">\n<article class=\"desarrollo\">\n<div class=\"col col-8\">\n<div class=\"col col-6b\">\n<div id=\"tamano\" class=\"tamano\">\n<p style=\"text-align: justify;\"><span style=\"font-family: helvetica, arial, sans-serif;\">The promoter V\u00eda C\u00e9lere advances in its growth plans before its stock market debut. The Madrid real estate company was acquired in February by six funds led by V\u00e4rde Partners, which owns 51% of the capital. Following the operation, in which \u20ac 90 million \u00a0were disbursed, the company works to increase its size and go to Stock Market in early 2018, with a capitalization of more than \u20ac 1,000 million.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: helvetica, arial, sans-serif;\">The first step in this process was the integration with DosPuntos, the real estate created by V\u00e4rde and its partners (the Attestor and Marathon funds, as second and third shareholder respectively, as well as Barclays and Bank of America), with the old subsidiary of SanJos\u00e9 (Parquesol). The operation entailed incorporating to the portfolio of Via C\u00e9lere 800,000 square meters (which would allow him to build some 7,000 additional homes).<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: helvetica, arial, sans-serif;\">The merger in record time (barely a month), Via C\u00e9lere, led by its former owner and chief executive, Juan Antonio G\u00f3mez Pintado, has launched several land purchase operations with the aim of increasing its real estate portfolio.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: helvetica, arial, sans-serif;\">New portfolio<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: helvetica, arial, sans-serif;\">In total, Via C\u00e9lere has invested almost \u20ac 100 million in nine floors, through three operations. The land, distributed among several provinces, will allow the developer to increase its buildability by 212,016 square meters and build 1,907 new homes.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: helvetica, arial, sans-serif;\">In particular, the real estate has acquired two floors in Madrid, located in Barajas and Pozuelo, with 89,100 square meters of building. In them, can develop some 828 homes.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: helvetica, arial, sans-serif;\">In Catalu\u00f1a, Via C\u00e9lere has done with new floors, located in Barcelona and Girona, to promote other 242 homes. The other fields, with more than 105,000 buildable square meters, are divided between Valencia, Sevilla, Malaga, Tenerife and La Coru\u00f1a, and allow you to lift a 837 units. &#8220;With these operations, swifter Via reveals his vocation and strong capacity for growth in the market&#8221;, says Juan Antonio G\u00f3mez-Pintado, President of fast track.<\/span><br \/>\n<span style=\"font-family: helvetica, arial, sans-serif;\"> After the contribution of funds from new investors, Via fast was marked target\u00a0an annual investment of between \u20ac 200 and \u20ac 250 million a year through 2023 to maintain a pace of construction of some 3,000 homes annually. For this year, the forecast is to start around 1,800 units: &#8220;Our intention is to continue identifying new opportunities and expand our portfolio of land and existing projects in the next months&#8221;.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: helvetica, arial, sans-serif;\">Before these purchases, the real estate portfolio of the promoter had one million square meters of land, making it one of the big landowners of this asset of the country, only surpassed by Metrovacesa possessing after the contribution of \u20ac 1.108 billion of its shareholder banks, 6 million square meters of land; Neinor Homes that, after investing this year 147 million, collect 1.2 million land to build housing; and Aedas, the promoter of Castlelake featuring 1.35 million square meters of land.<\/span><br \/>\n<span style=\"font-family: helvetica, arial, sans-serif;\"> In total, Via C\u00e9lere assets have a value of \u20ac 704 million, with 10.054 housing course or under construction. Before the integration of DosPuntos, the promoter achieved revenue of \u20ac 75.4 million, in its latest annual exercise.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: helvetica, arial, sans-serif;\">Stock Market<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: helvetica, arial, sans-serif;\">The developer led by V\u00e4rde Partners is scheduled to debut on stock exchange next year. In this way, Via C\u00e9lere will follow the footsteps of Neinor Homes, the leading real estate developer who debut on Stock Market in the last decade, with a value of \u20ac 1,340 million. Currently, its capitalization round the 1.498 million.<\/span><br \/>\n<span style=\"font-family: helvetica, arial, sans-serif;\"> Aedas, the Castlelake fund company, is another of the real estate developers, waiting to be released before the end of the year. Meanwhile the new Metrovacesa, led by Santander and BBVA has already received several investment banks to treat returning to the stock exchange, from where came out in 2013, after 72 years trading.<\/span><br \/>\n<span style=\"font-family: helvetica, arial, sans-serif;\"> Alongside these residential developers, is provided debut on Stock Market in the coming months other real estate, as it is the case the Socimi of SAREB, with 1,500 assets of its portfolio of foreclosed properties; and residential Testa, the Socimi created by Merlin from the purchase of Testa and Metrovacesa homes for rent.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: helvetica, arial, sans-serif;\">Source: <a href=\"http:\/\/www.expansion.com\/empresas\/inmobiliario\/2017\/07\/18\/596ca4c522601da51b8b456b.html\" target=\"_blank\" rel=\"noopener noreferrer\">Expansi\u00f3n<\/a><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The developer controlled by the V\u00e4rde, Attestor and Marathon funds, among others, invests around \u20ac 100 million \u00a0in expanding its portfolio of soils to 1.2 million<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":5,"featured_media":2736,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-2738","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-landmark-en"],"_links":{"self":[{"href":"https:\/\/www.grupolandmark.es\/en\/wp-json\/wp\/v2\/posts\/2738","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.grupolandmark.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.grupolandmark.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.grupolandmark.es\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.grupolandmark.es\/en\/wp-json\/wp\/v2\/comments?post=2738"}],"version-history":[{"count":2,"href":"https:\/\/www.grupolandmark.es\/en\/wp-json\/wp\/v2\/posts\/2738\/revisions"}],"predecessor-version":[{"id":2914,"href":"https:\/\/www.grupolandmark.es\/en\/wp-json\/wp\/v2\/posts\/2738\/revisions\/2914"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.grupolandmark.es\/en\/wp-json\/wp\/v2\/media\/2736"}],"wp:attachment":[{"href":"https:\/\/www.grupolandmark.es\/en\/wp-json\/wp\/v2\/media?parent=2738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.grupolandmark.es\/en\/wp-json\/wp\/v2\/categories?post=2738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.grupolandmark.es\/en\/wp-json\/wp\/v2\/tags?post=2738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}