A new 2025–2028 Strategic Plan has been approved, structured around four key levers:
- the promotion and delivery of already secured real estate projects through 2029,
- the expansion and diversification of the tourism portfolio with a focus on seasonal adjustment,
- an increase in the investment balance in both equity and private equity, and
- the generation of synergies between areas to achieve greater scale and mitigate risks.
The plan’s projections indicate that, by 2028, the company expects to double its 2025 revenue, exceeding €40 million, with an estimated adjusted EBITDA of between €11 and €13 million, while maintaining a contained debt ratio of close to 25% of asset value. The plan contemplates sustained dividend growth, which is expected to triple, maintaining a flexible dividend distribution model as a way to maximise shareholder value without compromising the necessary investments in the three strategic areas of activity.
During the first months of 2025, 47% of the Paseo al Mar building was formally deeded, the Zaïdia Residential Estate is expected to be delivered, and the Horta Residential Estate has begun marketing with an excellent reception. The corresponding licences have been obtained for the Pomelos de Dénia and Terrazas del Puig developments. In the tourism sector, EBITDA grew by 15% at the end of April 2025, driven by improvements in operational efficiency and average nightly return. Furthermore, the average rating at Booking.com reached 8.8 points, reflecting the company’s commitment to quality and customer satisfaction. In the investment sector, market volatility has enabled significant profits to be captured in equity transactions, generating an adjusted trading result of €1.59 million. In private equity, two divestment transactions have been formalised and are currently pending approval by the Competition authorities. With these advances, we remain confident in meeting the fiscal year’s budgetary objectives.
