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Insur’s Turnover from House Building Falls by 15% due to Delays in Deliveries

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Ricardo Pumar, President of Grupo Insur.

This decrease was offset by growth of 83.1% and 26.6% in the construction and management divisions, respectively, given the overall increase in activity, and a 12.5% rise in the real estate division, as explained in the information about the results.

Inmobiliaria del Sur (Insur) signed new rental contracts corresponding to a total surface area of 16,380 m2, to reach an annualized rental income from the contracts in force of €17.2 million in total, up by 26.2% compared to a year earlier. The firm’s occupancy rate also improved by six percentage points, to close at 88.4%.

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