Renta Corporacion
Specialized in the acquisition, refurbishment and sale of real estate properties.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| N/A | N/A | IPO | |
| Total Funding | 000k | ||
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | (50 %) | 83 % | (34 %) | (22 %) | (39 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | 24 % | (10 %) | 15 % | 18 % | (28 %) | 34 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | 19 % | (20 %) | 8 % | 7 % | (38 %) | 13 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Renta Corporación Real Estate, S.A. (REN:BME) is a publicly traded real estate company with a focus on the acquisition, value-added transformation, and sale of properties. Founded in 1990 by Luis Hernández de Cabanyes, who currently serves as the Executive Chairman, the company initially specialized in buying and selling parking spaces in Barcelona. Hernández, an economics and business graduate from the Autonomous University of Barcelona, started his career at PricewaterhouseCoopers before embarking on his entrepreneurial path. Over the years, he expanded the business into luxury residential properties and eventually into the comprehensive refurbishment and sale of entire buildings. The company went public in 2006, listing on the Spanish Stock Exchange.
The firm's core business operates primarily in the major urban centers of Barcelona and Madrid. Its business model centers on acquiring real estate assets, including residential buildings, offices, retail spaces, hotels, and logistics warehouses, and then performing refurbishments or transformations to increase their value before selling them. This transactional activity constitutes the main source of the company's revenue. Renta Corporación serves a range of clients, from individuals and private companies to institutions and real estate agents. The company has analyzed over 7,000 buildings and completed more than 1,500 transactions since its inception.
To complement its transactional business and generate more consistent, recurring income, Renta Corporación has diversified into asset management. This includes two significant ventures: Wellder Socimi, a company created with the Dutch pension fund APG to develop and manage senior residences with high ESG standards, and CABE, a wholly-owned subsidiary offering intelligent, digitized urban self-storage solutions across major Spanish cities. This strategic pivot aims to reduce the company's exposure to the cyclical nature of the real estate market. The company is led by a seasoned management team, including Vice-Chairman and CEO David Vila Balta, who has been with the firm since 2000.
Keywords: real estate investment, property refurbishment, asset transformation, Barcelona real estate, Madrid real estate, property acquisition, value-add real estate, public real estate company, logistics properties, residential buildings, office properties, hotel real estate, urban storage, senior living residences, ESG criteria, real estate development, property sales, asset management, Luis Hernández de Cabanyes, David Vila Balta