About Circular Capital

Circular Capital is an investment management firm focused on transforming the construction, industrial, and real estate sectors by unlocking positive impact for people, the planet, and businesses. In addition to managing impact investments, the company also develops real estate assets designed to generate net-positive value.

Circular Capital operates in Madrid, Barcelona, and Lisbon, and is part of Grupo Construcía—an ecosystem of over 350 professionals committed to driving change through circular economy.

- Web Circular Capital: https://www.ccapital.es/
- Web Circular Homes: https://www.ccapital.es/circular-homes/

Press Contact:Comunicacion@GrupoConstrucia.com


  • Area of Activity
  • Private Equity Investors in Building, Construction and Real Estate
  • Corporate Venturing
  • Private Equity - Impact Investment
  • Company type
  • Private Equity
  • Companies and Business Groups
Office
Quintanavides, 13. Edificio 1. Planta 4
Madrid, Madrid 28050, ES
P: +34 91 432 00 66
E: Comunicacion@GrupoConstrucia.com

Our greatest strength lies in our people: an experienced management team and a top-tier board of advisors.

Management Team

• Cástor González
Over 10 years of experience in investment, consulting, and industry.
Managed +€350M across private equity, venture capital, and real estate.
Industrial Engineer, Master’s in Corporate Finance & Private Equity, and Master’s in International Project Management.

• Quim Riera
35+ years of experience with over 40,000 homes developed.
Board Secretary at Aelca, Grupo Construcía, among others.
Law graduate and member of the Barcelona Bar Association.

• Alejandro Suárez
10+ years of experience in real estate development and consulting.
18 residential developments completed.
Graduate in Business Administration & Law, Master’s in Consulting.

• Freddy León
8+ years in investment, consulting, and technology.
Expertise in business unit carve-outs.
Approx. €35M assets under management.
Graduate in Business Administration, master’s in finance.

• David Fernández
8+ years managing over 12 projects across 3 countries.
Experience in residential, logistics, and industrial projects.
Master’s in Architecture (UPM) and master’s in real estate business management (IE).

• Francisco Jiménez
8+ years in industrialized construction solutions.
Technical advisor to the City Council of Manzanares.
Building Engineer, specialized in BIM methodology.

Board Members

• Pablo Sainz de Baranda
• Arturo Fernández
• Federico Valenciano
• Albert González de Pablo
• Luis Basagoiti
• Carles Pol
• Javier Zarrabeitia

1. Real Estate Development with Measurable Positive Impact

o Investment management and co-investment in real estate developments.
o Comprehensive management of project execution from opportunity origination to divestment.

2. Corporate Investment

o Investment management and co-investment in startups and SMEs.
o Design of business and impact plans, with supervision and support throughout execution.

3. Management Solutions

o Development of methodologies and technologies based on real estate projects and corporate investments, later applied to third parties (large holders, servicers, asset managers).

We are committed to channeling investments into businesses that generate measurable positive impact, improving prospects by combining profitability with sustainability through the circular economy.

Our approach includes:

• End-to-end investment management: from origination to divestment.
• Financial structuring, co-investment, SPVs, execution, and commercialization.
• Systemic risk management across urban planning, commercial, financial, construction, and execution dimensions.

We operate under a Proprietary Impact Thesis, aligned with the EU Taxonomy, ensuring our developments meet the highest environmental and social sustainability standards.

Through our CIREP (Circular Impact Real Estate Platform)—a proprietary framework with 27 tools—we measure impact at every stage of project development.

Our projects address six key impact vectors: material health, air quality, water footprint, circularity, biodiversity, and energy & atmosphere.

1. Institutional and Private Investors
o Family offices, investment funds, and co-investors focused on sustainable assets.
o Seeking risk-adjusted returns with measurable positive impact.
o Participation via Club Deal structures.

2. Real Estate Developers
o Interested in comprehensive project management, from origination to divestment.
o Value expertise in circular, resilient, and healthy construction.

3. Startups and SMEs
o Growth-stage companies requiring capital, strategic advice, and operational support.
o Sectors: sustainable technology, health, animal welfare, and elderly care.

4. Large Asset Holders, Servicers, and Asset Managers
o Interested in applying impact-driven methodologies and technologies to their own developments.
o Seeking solutions to measure and enhance ESG performance.

5. Public Institutions and Research Centers

o Partners in innovation, sustainability, and circular economy projects.
o Potential strategic allies or co-financing partners.

Flagship Projects

• Los Tilos, Villas Tilos, Morgana, Agâra I & II, Arrels del Coll, Ca L’Escolà, Gadian.
• Locations: Barcelona and Madrid.
• Status: Ongoing or with partial exits.

Corporate Investments

• HONEXT: recyclable, non-toxic boards. Operation: direct investment and advisory.
• NATUKA: natural pet food. Operation: Club Deal and advisory.
• Senniors Care: elderly care enhanced with AI and IoT. Operation: Club Deal and advisory.

Circular Capital