Seagull Real Estate II SICC, SA (Seagull RE II) is an investment vehicle with a capitalisation of €14 million that was raised in June 2019 with the objective to invest in residential real estate (whole buildings) at prime locations in the area of Galicia. The operations of Seagull RE II consist of acquiring the assets, create value by improving the asset management of each building and manage its refurbishment, with the goal to sell all the units in a maximum term of 5 years. Currently, the investment vehicle is in the investment stage.

Dextra has a 45.5% stake in SWAN Real Estate Management SGEIC, SA, which is the management company of Seagull RE II.

Dextra has lead the definition of Seagull RE II and the fund raising process together with its partners. Currently, Dextra is actively involved in managing the project.

Seagull Real Estate I SICC, SA (Seagull RE I) is an investment vehicle with a capitalisation of €20 million that was raised in February 2018 with the objective to invest in residential real estate (whole buildings) at prime locations in the area of Galicia. The operations of Seagull RE I consist of acquiring the assets, create value by improving the asset management of each building and manage its refurbishment, with the goal to sell all the units in a maximum term of 5 years. Currently, the investment vehicle is in the investment stage.

Dextra has a 45.5% stake in SWAN Real Estate Management SGEIC, SA, which is the management company of Seagull RE I. Dextra has lead the definition of Seagull RE I and the fund raising process together with its partners. Currently, Dextra is actively involved in managing the project.

AKM Real Estate III SICC (AKM RE III) is an investment vehicle with a capitalisation of €66 million that was raised in the second half of 2016 with the objective to invest in residential real estate (whole buildings) at prime locations in the cities of Barcelona and Madrid. The operations of AKM RE III consist of acquiring the assets, create value by improving the asset management of each building and manage its refurbishment, with the goal to sell all the units in a maximum term of 5 years. Currently, the investment vehicle has finished its investment stage and is managing the assets to prepare them for sale mostly during the 2019-2021 period.

Dextra has a 25% stake in AKM Gestión Inmobiliaria X SGEIC, SA, which is the management company of AKM RE III.

Dextra has lead the definition of AKM RE III and the fund raising process together with its partners and Andbank, who participates in the project as exclusive sponsor commercialising agent of the investment vehicle. Currently, Dextra is actively involved in managing the project.

AKM Real Estate II SICC (AKM RE II) is an investment vehicle with a capitalisation of €38 million that was raised in the second half of 2014 with the objective to invest in residential real estate (whole buildings) at prime locations in the cities of Barcelona and Madrid. The operations of AKM RE II consist of acquiring the assets, create value by improving the asset management of each building and manage its refurbishment, with the goal to sell all the units in a maximum term of 5 years. Currently, the investment vehicle is in the divestment phase of the assets it has acquired in 2016 and 2017.

Dextra has a 25% stake in AKM Gestión Inmobiliaria X SGEIC, SA, which is the management company of AKM RE II. Dextra has lead the definition of AKM RE II and the fund raising process together with its partners and Andbank, who participates in the project as exclusive sponsor commercialising agent of the investment vehicle. Currently, Dextra is actively involved in managing the project.

AKM Real Estate I SICC, SA (AKM RE I) is an investment vehicle with a capitalisation of €15 million that was raised in October 2013 with the objective to invest in residential real estate (whole buildings) at prime locations in the cities of Barcelona and Madrid. The vehicle, with a 5-year term, is finishing the divestment of its assets and has achieved an annual return (IRR) of over 12%.

Dextra has a 25% stake in AKM Gestión Inmobiliaria X SGEIC, SA, which is the management company of AKM RE I.

Dextra has lead the definition of AKM RE I and the fund raising process together with its partners and Andbank, who participates in the project as exclusive sponsor and co-investor in the investment vehicle.

Currently, Dextra is actively involved in managing the project.

Social and Beyond, S.L. (S&B) is a technology-based company that develops point-of-sale marketing tools linked to WiFi technologies.

The company was founded at the end of 2011, and in June 2012 an investment agreement was signed with Wayra, the technological accelerator of the Telefónica group.

Dextra has a 25% stake in the company and is actively involved in project management. In addition to leading the strategic definition of the project together with the company’s CEO, Dextra’s executive functions are focused on the administrative-financial and legal areas.

Snap Fitness was founded in the US in 2003 and is specialised in franchising convenience and 24/7 fitness centers. Snap has currently more than 2,500 clubs in 26 countries and more than 1,200,000 clients. The company has been in the last 5 years in the global “Inc. 5000” ranking with a yearly growth for the last 3 years of over 130%. In Spain, Snap Fitness has currently 13 clubs running and its objective is to reach a network of over 70 centers in the coming 5-10 years

Dextra carries out executive functions in Snap Fitness in the financial area, and is also involved in financially structuring the new centers, fund-raising and has a leading seat in the company’s Spanish Board.

DDA Hotelfund, S.L. (DDA) runs a low cost hotel and hostel chain with the Ding Dong brand. Currently, it has 2 establishments operating in Barcelona. DDA is currently involved in expanding its brand throughout Barcelona and, additionally, has the goal to implement its brand in other Spanish cities.

Dextra has a 33% stake in the company’s share capital, and has participated in the definition and structuring of the company. Dextra has also lead the fund-raising process and participates actively in the company’s Board.