**NEXT OPENING ON TUESDAY, DECEMBER 2 AT 16:00 HOURS (UTC +1)**

**Click HERE to watch the Webinar "Urbanitae up close - Alcalá 552 Project", in which the project is explained together with Ricardo Sanz Mediero, CEO of GRUPO ABAUCO and José María Gómez-Acebo and Luis Maura from Urbanitae**

Alcalá 552 Project

• Debt project in Madrid

• Urbanitae Loan Amount Tranche A: €5,000,000 // Term: 24 months

• 13.0% annual // 26.00% total return

• Partial quarterly interest repayment

• Main Loan Guarantees:

1. Pledge of the social shares of the SPV owning the asset.

2. Pledge of the bank accounts of the SPV owning the asset.

3. Pledge of 80% of the rents received from the lease contract.

4. Convertibility of the loan amount into social shares of the SPV owning the asset, in case of default and/or non-compliance with any clauses of this offer.

We present a new project that consists of the granting of a bridge loan in two tranches to finance the first two payments of the purchase and acquisition costs of an existing building on Alcalá Street 552, in the San-Blas-Canillejas district, Madrid (Phase 1). During the duration of the loan, the developer will carry out the necessary procedures to obtain the major work license, marketing and obtaining the developer loan necessary for the development of a residential promotion of 129 homes and 194 parking spaces (Phase 2).

The building is rented to a listed company of the IBEX-35, which was the previous owner of the asset ("sale and lease back"). The lease contract has a mandatory compliance period of 24 months, with the tenant having the option to extend the lease contract in a 12-month extension (in month 24 and up to month 36).

The promotion will be developed in the San Blas-Canillejas district, east of Madrid. Very well located between the ring roads of the M-30 and the M-40, close to two main entrances to the city of Madrid such as Alcalá Street and América Avenue, 10 minutes from Adolfo Suárez Madrid Barajas Airport.