The company, the first startup of the Cat Real Estate Group’s proptech incubator, has been acquired by Gesiuris Real Estate.

Barcelona, January 31 of 2022.

The investment group Gesiuris Real Estate has bought the technology startup YourHoming Apartaments, specialized in the rental of tourist and seasonal apartments in Barcelona. The company, founded in 2008, currently had six partners, Nacho Castella (Cat Real Estate), Oriol Molas (Orience International), Pere Angerri (Proaudit), Ignacio García (YouStylish.com), and the companies Arlet Real Estate and Namargui. All the partners have sold their stakes and Gesiuris Real Estate now holds 100% of the capital.

The amount of the transaction has not been made public but the company had managed to survive the COVID crisis and maintain occupancies of 80% by being more focused on temporary rental than tourist rental.

According to Nacho Castella, CEO of real estate group Cat Real Estate, a leader in wealth management and real estate consulting, “this is excellent news for the #proptech sector in BCN. It is the first startup from the Cat Real Estate Proptech incubator to be sold in its entirety to a third party.”

With this purchase, Gesiuris Real Estate’s portfolio exceeds 25 million euros, and its objective of continuing with the business plan and expansion of Yourhoming Apartaments is fulfilled. Especially with the acquisition of new buildings in Barcelona to dedicate them to temporary rentals.

Likewise, the director of Yourhoming will continue to be Natalia Ankudinova, who will have the mission to consolidate the project and turn the company into one of the leaders in the temporary rental market in Barcelona.

Currently, Cat Real Estate’s proptech incubator has 4 incubated startups highlighting Rentando, which has achieved a growth of 180% this year. It operates in Barcelona and Madrid.

Cat Real Estate was born in 2004 and has specialized in real estate portfolio management for local family offices. In the last four years they have bought 40 properties in Barcelona and 10 in Madrid and now have a mandate to invest another 14 million euros this year. The firm manages assets of 750 million euros.

 

Acerca de Cat Real Estate: www.catrealestate.com

Cat Real Estate Estate es una consultora inmobiliaria con sede en Barcelona que este año cumple once años de existencia. La empresa está especializada en la gestión de patrimonios inmobiliarios para family office y gestiona un patrimonio de 750 millones €.

La dirección de la compañía va a cargo de: Nacho Castella Casas. Profesional del sector con más de quince años de experiencia en el sector inmobiliario de Barcelona. Ha estado seis años en Busquets Gálvez como director comercial y dos años en Landscape (Filial inmobiliaria del Grupo Banco Sabadell) como responsable Comercial del Patrimonio del Grupo. Es Licenciado en Derecho por la UPF y Master en Dirección de empresas Inmobiliarias por la UB. Ha intervenido en el asesoramiento de importantes operaciones de ubicación de grandes empresas en Barcelona.

 

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ARTICLE WRITTEN BY CAT REAL ESTATE

Ignacio Castella, CEO - CAT REAL ESTATE

We manage your assets, We protect your assets

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