News

11/15/2018

9M 2018 RESULTS

Quabit closes the year's third quarter with net profit of 1.1 million euros

At 30 September, its residential portfolio totals 3,724 dwellings with an estimated turnover of 774 million euros. Since its growth plan started on 2017, Quabit has invested almost 200 million in residential land for the construction of 4,821 dwellings, which, together with land in portfolio, signifies sufficient land to reach over 75% of the targets of its Business Plan.

11/09/2018

The company acquired a development-ready, residential land portfolio in Son Parc, on the northern coast of Menorca, with a development potential of 69,350 square metres for the construction of 277 new units and 264 hotel places

Quabit Inmobiliaria, main sponsor of Club Esportiu Mercadal

Javier M. Prieto, General Manager of Quabit, and the president of CE MERCADAL, Francisco Salord, signed the sponsorship of the club for the 2018/19 season in the presence of the Mayor, Francisco Ametller.

10/29/2018

Following the latest investments in residential land in Madrid, Menorca, Malaga and Guadalajara

Quabit acquires a further 8,500 square metre development-ready plot in Madrid to develop 85 new dwellings

In Valdemoro (Madrid), with an expected turnover of 17 million.

09/26/2018

For the high-rise developments Quabit is building in the residential estate “Quabit Las Suertes”, next to Azuqueca de Henares

Quabit launches “QUABIT Vivienda JOVEN”, an original campaign with discounts of up to 10,000 euros on the final price

In addition, the company offers “QUABIT Family Insurance” free of charge to protect home payments as from the moment of signing the deed of sale through to the end of the payment schedule for delivering the keys; in the event of unemployment, temporary disability, hospitalisation due to an accident, death or permanent, absolute disability.

07/27/2018

Turnover up by 225%

Quabit closes the first semester with a 1.1 million profit

The company starts delivery of a development with 116 dwellings and ends the year with a total of 215 units delivered

07/10/2018

Just one week after completing the purchase of a development-ready residential land portfolio in MinorcaSon Parc, on the northern coast of Minorca,

Quabit concludes new land operations to the value of 15.2 million in Madrid, Malaga and Corredor del Henares

To build 320 new units with a joint investment of 15.2 million euros.

07/03/2018

In total, almost 70,000 buildable square metres located in Son Parc, on the northern coast of Minorca

Quabit finalises the acquisition of a land portfolio in the Balearics to the value of 24.6 million for 277 dwellings and 264 hotel places

The company completes the fourth major land operation this year, following the development-ready residential land portfolios acquired during the first half of the year in Madrid, Guadalajara, el Corredor del Henares.

05/17/2018

The capital increase, a great success

Quabit completes its 63 million euro capital increase with excess demand

Almost 62 million euros, over 98% of the total, correspondes to the Preferential Subscription tranche.

05/15/2018

Following the debt releases agreed on

Quabit closes the first quarter with a 2.9 million profit

The residential portfolio totalled 2,955 units.