ACCIONA Real Estate

Thanks to a conservative investment strategy, turnover came to 320 million euros in 2008.

ACCIONA Real Estate turned in a good performance in 2008. Turnover came to 320 million euros:  7.2% came from parking facilities (up 5.7% by running 18,000 parking spaces); 14.4% from property assets, and the rest from real estate development.

As a pioneer in eco-efficient housing, ACCIONA Real Estate continued to progress in Europe's "Clear Up" R&D project, which is looking at ways of achieving "clean buildings". In addition, the division obtained AENOR ISO 9001 and ISO 14001 certification for its quality- and environmental management systems.

Mexico and Brazil were the key markets for ACCIONA Real Estate's push for international expansion. A total 60.5% of the division's investments were made there.

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