Caterina House, which specialises in the flexible living segment and operates in Barcelona, Madrid and Malaga, has added a new building to its portfolio of properties in Spain, Editorial de Barcelona. This brings its number of managed flats across the country to more than 200. The building is located in the vicinity of Paseo de Gracia, one of Barcelona's prime areas.
With this addition, Caterina House strengthens its position in the corporate rental sector of complete properties and meets its growth forecasts for the first nine months of 2023. For the last quarter, the company plans to add new properties in the three cities where it operates in Spain, which will significantly increase its offer aimed at corporate clients looking for half-stays.
The Caterina Editorial building consists of 12 flats in a variety of configurations, including six three-bedroom, two-bathroom units. The penthouses have private terraces, and two flats on the first floor also have private interior terraces. In addition, the rooftop terrace features a recreation area that offers additional services to guests to complement the accommodation on offer.
Caterina House operates this building under management. Located on Carrer Bonavista, it was the headquarters of the former Editorial Seguí publishing house and is considered a historic building of architectural value in Catalonia. Built in the second decade of the 20th century, it has a metal structure and preserves its colonial design with high ceilings and handcrafted decorative details on the façades. In addition, its location close to La Pedrera and Casa Batlló adds to the attractiveness of the operator's offer.
This building is the 19th property in Caterina House's portfolio, consolidating its focus on offering high quality corporate accommodation, in line with its business strategy.
The recent collaboration with Meridia Capital has strengthened Caterina House by having the backing of a leading alternative investment manager in Spain, with over €1 billion in assets under management. In addition, the company operates as a highly digitised proptech, which, they say, allows it to "create an optimal residential experience tailored to the demands of today's professional".