Urbanitae, the Spanish real estate investment platform, closed 2025 having surpassed €280 million in transactions, nearly 30% more than the €213 million raised in financing in 2024. This growth is consistent with the company’s expansion strategy, both in terms of activity—with the launch of new business lines—and geographically, with entry into new markets.
This strategy reached one of the major milestones in Urbanitae’s history earlier this year: authorization from the CNMV to create its own fund management company.
Urbanitae’s business line based on crowdfunding and co-investment invests in real estate projects across a wide range of asset types, including residential, commercial, and industrial. In the residential segment alone, during 2025 the company helped raise financing for nearly 3,400 homes. Since the start of its operations, Urbanitae has financed more than 8,100 homes in Spain and Portugal.
Urbanitae projects generated returns for investors throughout 2025, enabling the company to surpass the €100 million mark in capital returned during the year. To date, the company has returned €180 million to its hundreds of thousands of investors, with an average return since inception of over 12%.
Two new business lines
In 2025, Urbanitae launched two new business lines. The most significant in last year’s results was Direct Investments, an end-to-end advisory model for the direct acquisition of real estate assets. In this model there is no co-investment; instead, the buyer becomes the sole owner of the asset—so far, new-build or second-hand residential properties—with a view to generating returns through rental income or capital gains on sale. Launched in June 2025, Direct Investments has already surpassed €18 million in capital raised.
In September, Urbanitae announced the creation of its Transactions division, aimed at boosting co-investment in segments beyond traditional residential real estate, such as flex living, hospitality, student housing, and others. In a second phase, this area will focus on the rotation of these tertiary assets to optimize their sale price and, consequently, improve investor returns. Recently, Urbanitae successfully completed an early exit from a tertiary asset: a retail unit in Madrid’s Golden Mile that generated a total return of 13.9% and an IRR of 14.71%.
“The consolidation of our existing business lines and the momentum that the creation of proprietary investment funds in the institutional space will bring will position us as Spain’s leading real estate investor in the coming years,” said Diego Bestard, CEO and founder of Urbanitae.
The challenges of 2026
While residential real estate will remain the main focus, it is precisely the tertiary sector where Urbanitae sees the most attractive business opportunities looking ahead to 2026. The company has more than €3 billion in assets under management, of which approximately €250 million correspond to commercial real estate.
Identifying high-quality projects in the non-residential sector is one of Urbanitae’s key challenges for the year, as is continuing its international expansion. Last year, the company completed its entry into Italy, meaning it is now active in Italy, Spain, Portugal, and France. “We are one of the companies with the highest volume of crowdfunding raised in Europe. We will continue to seek investment opportunities in new markets,” Bestard added.
About Urbanitae
Founded in 2017, Urbanitae is a Spanish real estate investment company that operates the highest-grossing crowdfunding platform in Spain and Portugal. Specializing in equity real estate transactions, Urbanitae enables investors to participate in large-scale projects through a simple, 100% online, paperwork-free process.
Authorized and supervised by the CNMV since June 2019, Urbanitae has financed real estate projects with a value exceeding €600 million. To date, it has provided financing for the construction of more than 8,100 homes across Spain, Portugal, and Italy. Currently, Urbanitae has more than €3 billion in assets under management, of which €2.77 billion correspond to the residential sector and €250 million to non-residential assets