Seagull Real Estate I (SICC)

VALUE-ADD HOUSING

Investment vehicle of €20 million equity established in 2018 with a duration of 7 years. Investment in residential real estate assets (vertical property) in prime locations in A Coruña and Vigo. Value is added through renovation, tenant vacancy management and horizontal division, for subsequent retail divestment. Five properties in A Coruña and two properties in Vigo, consisting of 154 homes, nine commercial premises and 251 car parks.

Seagull Real Estate II (SICC)

Investment vehicle of €14 million equity established in 2019 with a duration of 6-8 years. Investment in residential real estate assets (vertical property) in prime locations in A Coruña and Vigo. Value is added through renovation, tenant vacancy management and horizontal division, for subsequent retail divestment. Two properties in A Coruña and two properties in Vigo, consisting of 80 homes, two commercial premises and 121 car parks.

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