Quabit obtains new financing to expedite land acquisitions and carry out new residential developments
Línea de crédito de hasta 50 millones de euros de fondos asesorados por Taconic Capital Advisors y Grupo Royal Metropolitan España
Quabit's residential portfolio is up to 2,551 dwellings with an expected turnover of 536 million
- The company now has over one million development-ready square metres under management for approximately 7,500 dwellings.
- Quabit enjoys two major value levers that, between them, offer the potential to generate profits both in 2018 and the coming years: debt remissions pending (44.1 million euros) and tax credits pending recognition (137 million euros).
Quabit raises 29 million euros
The operation has been signed by Cobas Asset Management y Kairos Investment (77%).
Proposals General Shareholders' Meeting: dividend distribution and incentive plan
Quabit starts its investments plan and acquires two new lands in Guadalajara
Quabit closes 2015 with profits by 8 million Euros
Quabit closes 2016 with a consolidated financial structure, and a healthy equity position.