MK Premium to Invest €8M in Asset Purchases in Barcelona

17 October 2018 – Eje Prime

MK Premium is focusing on Barcelona. The company led by the brothers Daniel and Sergio Leiva is going to invest €8 million in the acquisition of assets in the metropolitan area of Barcelona. With this commitment, the company will make its debut in municipalities such as L’Hospitalet de Llobregat, Badalona and Santa Coloma de Gramenet.

For Daniel Leiva, one of the co-founders of the company, “the time has come to expand our business opportunities to other municipalities bordering the Catalan capital, where there are real estate products that fit with our business model”.

The Catalan family office expects to announce its first purchase in the metropolitan area of Barcelona in the coming weeks. Moreover, the company is going to continue to renovate its properties to improve their conditions and returns.

These plans coincide with MK Premium’s business strategy over the medium term. The company is planning to expand its capital estate by 50% and to extend its presence to other cities in Spain.

Founded in 2012, MK Premium owns buildings in Madrid and in Portugal – it first expanded to that country at the end of December. The Spanish real estate firm is planning to increase its real estate investment by 15% this year and close 2018 with a profit, following the acquisition of more than eighty assets.

Original story: Eje Prime

Translation: Carmel Drake

MK Premium Will Buy Around 50 New Assets In 2017

9 October 2017 – Eje Prime

MK Premium, a company headquartered in Barcelona that specialises in real estate investments and renovating buildings, is outlining a new growth plan for the next few months. The company has set itself the objective of adding 50 new assets to its portfolio before the end of the year.

The Barcelona-based company acquired 26 assets in total during the first six months of the year, according to El Economista. Out of all of its operations, the company highlights the purchase of number 4 Calle Milans in Barcelona, which has a surface area of 2,600 m2 and is worth €10 million.

In general terms, the company led by Daniel and Sergio Leiva, has carried out 150 operations and invested almost €90 million during the five years that it has been active, according to the group.

MK Premium finished the first six months of the year with a significant rise in its turnover, to €14.4 million and a profit of €1.7 million. In 2016, the company ended the year with turnover of €13.7 million and a net profit of €1.5 million.

Original story: Eje Prime

Translation: Carmel Drake