Financial Info / Stock market information

Martinsa-Fadesa is one of the leading European real estate developers, specialising in residential property projects for first and second homes with an asset management activity focused on hotel and golf courses projects related fundamentally to the residential activity. The company has over 25 years’ experience in the real estate business.

Martinsa-Fadesa is currently active in 11 countries: Spain, France, Bulgaria, Morocco, Romania, Poland, Hungary, Mexico, Czech Republic, Slovakia and Dominican Republic.  Martinsa-Fadesa also has its own commercialisation network  with sales offices in the United Kingdom, Germany and Irland. 

Martinsa-Fadesa closed the year 2007 with income of 1,581 million euros, which represents an increase of 11% with regard to the previous financial year. Of this income, 95% corresponded to real estate activity. The comparable proforma profit of Martinsa-Fadesa at the close of the financial year was of 271 million euros before the interest corresponding to the takeover, which in comparative terms represents an increase of 11% vis-à-vis the 244 million of 2006. The net profit, once the interest from the takeover has been deducted, is 105 million euros.

Martinsa-Fadesa has increased the square metres of building land in its portfolio of finalised building land. Currently the company has an estimated 27.5 million square metres which may potentially be built on of which about 58% are in Spain and 42% is located abroad .

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