Donpiso develops 18 new offices and sold more than 1k properties

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

The company wants to continue growing "as long as the market allows it", although it recognizes that there is "uncertainty in the market", according to its General Manager, Emiliano Bermúdez.

Donpiso continues to grow despite the uncertainty in the market. The Spanish real estate company expects to close the year with between 15 and 18 new offices in franchise format selling between 1,000 and 1,100 properties.

In this sense, the company's deputy general manager, Emiliano Bermúdez, explains that the company's objective is "to continue growing as long as the market allows it". Anyway, Bermudez has stressed that "we will not be ambitious in the remainder of the year."

According to the company's deputy general manager, "there is a clear uncertainty regarding the electoral cycle and the Brexit, which we hope will be temporary" and will be overcome during the fourth quarter of the year. Anyway, the representative of the company has stressed that the negative factors "have not affected the results of the company."

In any case, Donpiso is fulfilling the objectives set in the business plan and in the first five months of the year it has sold more than 1,300 properties and opened 19 new points of sale, of which four are owned and the rest are franchised. Specifically, the firm has opened its own offices in Barcelona, ​​El Masnou, Madrid and Palma.

Specifically, the Catalan capital is one of the markets where the real estate is studying several options, although the head of the company explains that the obligation to allocate 30% of new real estate to protected housing "pulls us back."

The company founded in 1984 is present in most of the autonomous communities. Currently, it has about one hundred and fifty offices in a mixed model between its own premises and franchisees.

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

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