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The Alcaraz Brothers Create Six New Property Developers

Posted by: In: Real Estate 09 Nov 2017 Comments: 0 Tags: , , , , , , , , , , ,

3 November 2017 – Eje Prime

The family office owned by the brothers Juan and Pedro Alcaraz is growing. The Alicante businessman, founders of the vehicle rental company Goldcar, have left behind their stage in the transport sector, after selling the remaining 20% stake that they still held in their rent-a-car company to invest in real estate. With this business idea in mind, the Alcaraz brothers have created half a dozen new property developer companies, according to the Official Bulletin of the Mercantile Registry (Borme).

The two brothers are adding these six companies to the five that already exist in their Alibuilding company (…). This strategy of creating a property developer for each project is a method that has been used in the past in the Community of Valencia, as was seen in the case of the creation of the Valencian property developer Attikos, by the builder Juan Armiñana.

In the province of Alicante, the family office owned by the Alcaraz brothers, Aligrupo Global Services, is building a luxury urbanisation in Calpe. And it looks like the company is planning to construct another residential development in the same town, according to Valencia Plaza.

The two businessmen currently own several assets in the real estate sector, including a property in the prime area of Velázquez, in Madrid. They also hold a 10.55% stake in the Socimi Trajano Iberia, whose portfolio includes two office buildings, two shopping centres and a logistics platform.

Original story: Eje Prime

Translation: Carmel Drake

The post The Alcaraz Brothers Create Six New Property Developers appeared first on Aura Real Estate Experts.

Source:: AURA Real Estate Experts


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