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Culmia Closed 2022 With Revenues of €300 Million & Forecasts 1,400 New Homes for 2023

The new build property developer Culmia currently owns a portfolio of assets for the development of 11,000 homes in Spain.

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Culmia closed 2022, its second financial year under its new name, with revenues of 300 million euros. The residential real estate project management platform continued to advance its strategy and consolidate its current business model, focused on the development of the sales, rental and affordable housing segments.

The brand registered pre-sales of 1,164 homes with a value of 434 million euros and ended its year with a total of 610 deeds signed for properties worth 242 million euros.

Read the full article in Spanish.

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