- Business
- Inmobiliaria del Sur, S.A. Inmobiliaria del Sur, S.A. operates as a property development and management company primarily engaged in the real estate sector in Spain. The company develops, constructs, acquires, promotes, leases, and sells residential and non-residential properties, including households, offices, commercial premises, garages, hotels, business centers, and parking lots; it conducts these activities through three main segments: Real Estate Development, Rental Property, and Construction. Inmobiliaria del Sur, S.A. maintains operations across key regions such as Cordoba, Malaga, Cadiz, Madrid, Huelva, and Seville, targeting residential, commercial, and parking customers; it serves as the parent company to subsidiaries including Parking Insur SAU, Hacienda la Cartuja SA, Coopinsur SAU, Inversiones Sevillanas SAI, Bellasur Patrimonial SA, Innovacion en Desarrollos Urbanos del Sur SA, and Viasur Soluciones Inmobiliarias SLU, among others, which collectively form the Insur Group. Founded in 1945 and headquartered at C/ Angel Gelan n2 in Seville, Spain, the company reported consolidated revenue of EUR 119.5 million for the first nine months of 2025, reflecting an 18% year-over-year increase driven by a 31% rise in residential development activity and accelerated commercial momentum with record pre-sales volumes. Recent strategic developments include the formation of a joint venture in November 2024 with Hercalianz Investing Group and other partners for residential real estate projects, where Inmobiliaria del Sur, S.A. holds a 50% stake and focuses on land acquisition for development; earlier, in 2022, it acquired full control of Desarrollos Metropolitanos del Sur (DMS) by purchasing the remaining 50% from BBVA's subsidiary Anida, securing a significant land bank and advancing its 2021-2025 strategic plan for portfolio expansion.