ACCIONA's approach to design the sustainable cities of the future, in complete harmony with environmental protection, must extend to real estate development. ACCIONA is a unique player in high value-added development projects deploying innovative sustainable solutions.
Real Estate
SUSTAINABLE URBAN FUTURE
ACCIONA is a unique player in high value-added development projects deploying innovative sustainable solutions.
ACCIONA focuses on the development and management of sustainable real estate complexes. The company's real estate activity business focuses on the development and management of residential and non-residential complexes.
In 2021, around 450 dwellings were delivered, at an average selling price of €200k. Strong commercial activity saw the pre-sale of 1,074 housing units, compared to 331 in 2020, with a presales backlog of 1,472 units out of which 60% correspond to build-to-rent. Meanwhile, ACCIONA has 18 housing developments under construction (around 1,400 units), and has seen meaningful progress on works in the iconic office campuses in Madrid and Barcelona.
Over 450 residential units delivered in 2021.
Main financial figures
| 2020 | 2021 | % Change year-on-year | |
|---|---|---|---|
| Revenue | 201 | 190 | -5.7 % |
| EBITDA | 19 | 27 | 45 % |
| CAPEX | 14 | 224 | Not applicable |
Our long term ambition
| Aim | Result |
|---|---|
| A sustainable difference in every project. | Regenerative ecosystems. |
| ACCIONA's sustainable difference will be evident in every project. | ACCIONA will develop an ecosystem of organisations capable of increasing our capacity for regenerative transformation. |
OUR Real State Solutions
A key priority for ACCIONA's real estate solutions is the development of sustainable projects that contribute to environmental conservation and reduce costs for owners.
ACCIONA develops eco-efficiency technology through solutions such as home automation. The company also installs in its real estate projects systems to promote rational water consumption.
- solar panels for energy collection that heats water for domestic use
- cross-ventilation, quality materials and insulation
- special carpentry with thermal bridge breakage that allow for greater thermal insulation
- light, energy and solar-factor control glass
- presence detectors and timers in common areas
The company also installs in its real estate projects systems to promote rational water consumption.
In line with its corporate strategy, ACCIONA has made sustainability one of the basic pillars of its investments in rental accommodation.
ACCIONA also has ISO 9001 and ISO 14001 certifications and is committed to certifying all of its real estate developments with the BREEAM® sustainability label.
ACCIONA builds office properties using the latest in sustainable technologies, materials and finishes. New office buildings help ACCIONA help develop long-lasting relationships with its clients where sustainability is prioritised in well-defined, transparent shared visions.
ACCIONA develops luxury apartments, known as Home Resorts. These properties offer the services and hospitality of a hotel to guests that seek to spend long periods in apartments, always in a safe environment.
The shift in business patterns over the pandemic has increased the need for delivery services. ACCIONA designs and develops properties that help ensure efficiency for these businesses, providing solutions that are sustainably integrated into cities and industrial areas. This requires relationships with logistics providers, and real estate and institutional investors.