Be Mate signs an agreement with Q Capital worth €100M

Be Mate signs an agreement with Q Capital worth €100M


"The agreement signed, worth €100 million, will give enough impetus to the company to open between 8 and 10 new buildings in the main capitals of Spain and international destinations, where Be Mate already works today. With this operation it is expected the acquisition of these properties for the next 3 years," declare company's sources.

Q-Capital is a management company founded in 2016 that develops the direct investment activity in Spain of Qualitas Equity Partners, with a path of more than 15 years in the national market. It is focused on SME businesses and investment niches that are not well attended by traditional financial operators. This real estate development project is driven by Iñigo Olaguíbel, Borja Oyarzábal and Borja Pérez.

Be Mate already manages a similar model: its first exclusive apartment building in the center of Madrid, the Plaza de España Skyline by Be Mate building. A total of 37 design apartments with garage spaces and concierge 24 hours.

In the words of Kike Sarasola, president and founder of Room Mate Group: "We are delighted with this alliance with Q Capital. It is unquestionably a big step in the growth of Be Mate. The management of buildings in exclusivity is one of our main purposes in the coming months."

Be Mate together with Q Capital, they will bet on this case for the exploitation of assets of apartment buildings for medium and long stays and corporate clients.

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