Over one million developable square metres for the development of 8,700 units
New operation with international funds: Line of financing of up to €50M with certain funds advised by Taconic Capital Advisors and Royal Metropolitan Group. Quabit completes its 63 million euro capital increase with excess demand. Quabit progresses towards its objective of becoming one of the benchmarks for the development business in Spain. Since its investments plan launched in 2017, Quabit has invested almost 200 million in residential land for the construction of almost 5,000 dwellings and now holds sufficient land to cover over 75% of the objectives of its Business Plan 2017-2022. The company closes the year with 50 developments at different stages of execution that total 3,724 units, of which 1,061 are at the delivery and construction stage.