The transaction is part of the group’s real estate strategy, aimed at stabilizing assets and divesting them to generate resources to drive new projects.

Smarttia has completed the divestiture of the companies linked to its hospitality business, a transaction resulting in a divestment of €12.75 million. The transaction allows the group to free up resources and redirect them toward the initiatives it is currently developing, in line with the real estate strategy the company has been implementing in recent years.

These companies held assets that, after being acquired under special circumstances, were stabilized and enhanced in value through active management. Once this maturation phase—which included obtaining licenses, changing land use, etc.—was completed, the group chose to divest them, realizing the capital gains generated and strengthening its financial structure.

The transaction is in line with the characteristic approach of Smarttia’s Real Estate division: acquiring quality assets at a discount due to their specific circumstances, increasing their value through operational and management improvements, and rotating them to generate the financial resources needed to continue growing. This cycle of value creation and reinvestment is one of the pillars of the group’s real estate strategy, which is aimed at building growing and predictable long-term income.

With this divestment, Smarttia strengthens its capacity to invest in ongoing projects, maintaining its focus on prime urban locations and on developments that integrate housing and sustainability.

“This rotation confirms the strength of our real estate model: we acquire assets with potential, enhance their value, and sell them at the right time to strengthen our capacity for reinvestment. The €12.75 million from this transaction allows us to continue driving the projects we are developing with even greater momentum,” said Manuel García, the group’s CEO.