News

News
Miniatura

04/04/2018

The company has just signed a strategic agreement on a line of financing of up to 50 million euros with funds advised by Taconic Capital Advisors and Grupo Royal Metropolitan España

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

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Miniatura

02/28/2018

The company headed by Félix Abánades to close 2017 with a profit of 14.4 million following debt remissions and recognition of tax credits

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).
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12/20/2017

Capital increase with the exclusion of the preferential subscription right

Quabit raises 29 million euros

The operation has been signed by Cobas Asset Management y Kairos Investment (77%).

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07/18/2017

Miguel Ángel Melero Bowen, former partner of Cuatrecasas law firm, new General Legal Secretary

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06/28/2017

The General Shareholders' Meeting approves a liberalized capital increase

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05/23/2017

Proposals General Shareholders' Meeting: dividend distribution and incentive plan

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05/15/2017

Quabit closes 1Q 2017 with profits by 1.7 million Euros

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04/07/2017

For the building of almost 300 houses

Quabit starts its investments plan and acquires two new lands in Guadalajara

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03/01/2017

Quabit closes 2015 with profits by 8 million Euros

Quabit closes 2016 with a consolidated financial structure, and a healthy equity position.

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02/28/2017

The Company closes its 38-million Euros capital increase with oversubscription.

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