HomeCompaniesAyco Plans to...

Ayco Plans to Enter the Build to Rent and Nursing Home Segments

The listed real estate company Ayco has decided to turn its business around and focus on the development of rental homes as well as nursing homes for the elderly.

Edificio de Ayco en Velazquez 1024x853 1
Ayco’s building on Calle Velázquez (Madrid).

The listed real estate company Ayco, which recorded a poor year in 2019 and which is currently navigating the difficulties generated across the sector by the coronavirus pandemic, has communicated a new business plan for the period 2020-2024 to the National Securities Market Commission (CNMV). The new plan replaces and invalidates the former Business Plan published in 2017, which covered the period 2018 -2022.

“The new Business Plan aims to adapt the company’s strategy to the new circumstances and market trends generated by the crisis,” say sources at the company.

Read the full article in Spanish.

B-Exclusives

Latest news