Partnerships · Co-investment · Joint Ventures
We create strategic connections between investors and high-potential real estate projects. Patient capital, solid returns, measurable execution — under one firm with over twenty years of auditable track record across six countries.
Investor relations · 2026
Building well means building to last. And lasting demands patient capital, strict governance and hands in the construction. That is what we offer to those who sit at the table with URBANCAT.
We do not sell impossible returns. We sell verifiable projects: verified land, audited figures, a signed schedule and a team that lives on site from the first layout to the handover of keys.
We work with family offices, specialist funds and institutional developers who share a simple idea: real estate development is a craft before it is an opportunity. Capital follows craft, never the other way around.
More than twenty years on, we still sign every deal with our own name and our own money on the table. That is the only guarantee we consider honest.
We originate and co-invest in five asset classes where we build auditable track record. Every project goes through the same technical, financial and legal filter — regardless of city or ticket size.
High-end residential in Barcelona, Madrid and European enclaves with chronic supply tension. Ground-up development or repositioning of stately buildings.
Boutique hotels, coastal resorts and conversions of urban palaces. Ownership, lease or operating models with selected international chains.
Core offices, prime retail and mixed-use assets on established corridors. Value-add acquisition through technical refurbishment and income restructuring.
Residential masterplans, partial plans and land management operations. Partnerships with local authorities, landowners and institutional operators to deliver complex schemes that shape cities.
Turnkey operations in the Emirates, Morocco and sub-Saharan Africa with validated local partners. Financial engineering tailored to each jurisdiction and centralised reporting in Barcelona.
Five non-negotiable principles that govern every URBANCAT operation, written on day one of each SPV and verifiable in every quarterly report.
Independent SPV per project, real guarantees over the asset and URBANCAT's own capital aligned with each investor — genuine skin in the game, not nominal.
Audited quarterly reporting with technical, financial and commercial close. Direct access to the construction team and SPV legal documentation at all times.
Structures designed for balanced return: preferred return, transparent waterfall and a hurdle aligned with craft — without exaggerated IRR promises.
Design studio, contractor, compliance and commercialisation under a single point of contact. No opaque subcontracting or information loss between phases.
Validated local partners in six countries and four continents. Same firm, same standards and same traceability — wherever your capital operates.
We operate directly or via local partner in six jurisdictions we know well. Barcelona and Madrid concentrate management; Paris, Berlin, Dubai and Casablanca are our origination and international co-investment hubs.
From the first meeting to final distribution, every URBANCAT operation follows the same documented sequence — no shortcuts, no surprises and the same team from start to finish.
Investor profile, target ticket and horizon defined. Mutual NDA signed before sharing sensitive information.
Access to deal-flow filtered by geography, asset class and horizon. Only projects where URBANCAT contributes its own capital.
Technical, financial and legal due diligence with an independent third party. Full access to the data room and physical site at any stage.
Vehicle design, optimal jurisdiction, shareholders' agreement and waterfall. Notarised signing with all real guarantees over the asset.
URBANCAT manages construction and financial oversight. Quarterly reporting with audited technical, commercial and treasury close.
Venta o renta según estrategia firmada. Distribución según waterfall, cierre notice del SPV y informe final auditado de la operación.
Family offices, boutique funds and institutional developers with more than one cycle investing alongside URBANCAT. We maintain anonymity — trust is built in private.
URBANCAT did not sell us a return: it showed us the construction, the figures and the team from day one. Three deals later, we still prefer their sober way of doing things.
The quarterly reporting is the best we have seen in southern European hospitality. Audited data, honest narrative and direct access to the construction team whenever we ask.
Operating in Dubai with an Iberian partner who understands the local jurisdiction as if it were their own. Clear SPV, real guarantees over the land and an IRR delivered to the cent.
We have co-invested in four residential deals with URBANCAT over five years. Zero cost overruns, zero material delays and a transparent waterfall to the last euro.
Our first deal with a Spanish team. We expected European rigour and found something more: personal commitment. The difference shows in every difficult decision.
What we value most is what they do not do: they do not inflate numbers, do not hide delays, do not dress up the reporting. Operating with URBANCAT means operating with professionals.
Essential vocabulary we use in every operation. Without these eight concepts you cannot correctly read a term sheet, an economic report or a quarterly close.
A company created exclusively for one project. It isolates risks, simplifies governance and allows a clean close at the end of the cycle.
Annualised return of the operation taking into account the actual schedule of contributions and distributions, not just the final multiple.
Annual net income over asset value. Key indicator for valuing offices, hospitality and residential rental assets.
Minimum return threshold that the investor must achieve before the manager begins to receive incentive or carried interest.
The share of profit reserved for the manager once the hurdle has been exceeded. It aligns their remuneration with the investor's actual success.
Exact rules for distributing profit between investors and the manager: order, tranches, thresholds and percentages agreed on day one.
Debt-to-asset-value ratio. URBANCAT operates with a moderate LTV to protect the deal through adverse market cycles.
The project's capacity to cover its debt with generated income. A key metric in office, retail and build-to-rent operations.
If you have a project that needs technical expertise or patient capital — or if you are looking for the deal flow that is only signed in private — write to us. We respond personally in less than 48 hours.