The Spanish startup Urbanitae, specializing in real estate, is entering the Italian market.

The growing platform Urbanitae, a Spanish real estate crowdfunding initiative, has been successfully developing since June 2019. After starting the process of international expansion in December last year with the launch of operations in France and Portugal, the platform has entered the Italian market with the aim of taking a leading position in the sector in the near future. The team is led by Carlo Magnoni, who has connections with major investment funds such as Blackstone and Stoneweg, where he was responsible for acquisitions in Italy and Portugal, and also served as the head of capital investments in the real estate sector at proptech Casafari.

More than 130 projects in Spain

Since its launch in June 2019, the proptech company has financed over 130 projects in Spain, amounting to more than 240 million euros. This figure accounts for over 60% of the transaction volume in the crowdfunding market in the country, making it the leading platform. Urbanitae's crowdfunding model brings together small and medium investors to invest in residential, commercial, and industrial real estate and achieve high returns. Through a fully digital and straightforward process, anyone can invest from 500 euros in operations typically available only to professional investors.

Urbanitae in Italy

In Italy, Urbanitae plans to implement projects worth up to 50 million euros in the first year, in a country with high growth potential. "In addition to a team of professionals with extensive industry experience, we believe that the knowledge gained in Spain and the positive results of our model will allow us to establish a significant presence in the Italian market," said Diego Bestard, CEO and co-founder of Urbanitae. "This is another step towards achieving our goal of becoming the leading European real estate crowdfunding platform within two years."

Specialized in large transactions

Urbanitae, which specializes in crowdfunding projects ranging from 2 to 5 million euros, primarily operates on two forms of financing. 65% of the operations are conducted in the form of equity or capital gains, where investors become shareholders of the company responsible for executing the project. This category also includes income projects, which, in addition to the final profit, offer investors periodic low-risk returns. The remaining 35% corresponds to debt projects, providing a credit line for developers to finance real estate up to 5 million euros.