Realia Business, S.A. is a Madrid-based real estate company engaged in the development, management, and leasing of properties primarily in Spain, with additional operations in Romania. The company's business model is divided into two main segments: Rental Assets and Real Estate Development and Land. The Rental Assets division focuses on the development, ownership, and leasing of commercial real estate, including office buildings, shopping centers, and commercial premises across major Spanish cities like Madrid, Barcelona, and Seville. The Real Estate Development and Land segment is involved in residential homebuilding, urban land management, and the sale of land, leveraging a substantial land portfolio. Revenue is diversified between these two segments; for example, in recent fiscal years, neither segment consistently accounted for more than 60% of total revenue, with development and rental income fluctuating based on project completions and market conditions. Realia also provides third-party services such as property management and marketing. The company is a subsidiary of Inmobiliaria Carso, S.A. de C.V., which is controlled by Carlos Slim.
