Daniel Mayans and Óscar de Navas have launched Velora Capital, a new real estate management firm through which they plan to invest €500 million by 2030, primarily targeting the office and logistics sectors in Madrid and Barcelona. The firm will also explore select opportunities in the growing living segment, taking advantage of the strong momentum this asset class is experiencing in Spain.
The name Velora combines velocity, values, and aura — three principles that capture the founders’ philosophy: acting with agility, investing with conviction, and building projects with identity and purpose. The firm aims to create added value through the identification of opportunities, asset repositioning, and partnerships with institutional investors and family offices.
With this venture, Mayans and De Navas begin an independent project after a decade co-heading Freo España, the Spanish arm of the German management company Freo, which specializes in offices, logistics, and other prime assets. Over this period, they closed nearly 20 transactions — including landmark deals such as the construction of Glovo’s headquarters in 22@, the acquisition and refurbishment of the Estel Building in Barcelona, and La Sierra in Madrid — with a total value of €1.2 billion, positioning the firm as a benchmark in Spain’s real estate market.
Mayans and De Navas emphasize the strength of the Spanish market: “Spain remains a very attractive country for international investment. Its economic growth exceeds the European average, and we believe 2026 will be a year of strong investment activity, with major deals involving both foreign and domestic capital.”
They are confident that combining high-quality assets with selective opportunities will allow them to leverage the market’s dynamism and generate sustainable long-term returns, as they did in their previous stage.
“We are grateful to Freo for these years of shared growth, during which we worked with a fantastic team and carried out major real estate operations. With Velora Capital, we are starting an exciting new professional challenge: launching our own venture, with the energy and enthusiasm of building something new, and with the ambition and judgment that have guided our entire career,” they conclude.
cloud technology axon
Carlos Blanco shares his perspective on startup investing, explains ho...
