EU – Baltic States, Good for Business, Legislation, Lithuania, Real Estate
International Internet Magazine. Baltic States news & analytics
Thursday, 05.09.2024, 15:22
City Service's Concentra signs deals on municipal housing management in Spain
Print version |
|---|
Up to now Concentra provided services for commercial, industrial and public facilities. After becoming part of City Service group, a very important direction was added to the strategy of this company, that is expansion in residential housing market in Spain. This market is very fragmented and we see excellent perspectives to consolidate it, stated Jonas Janukenas, General Director of City Service.
Concentra will provide technical maintenance and management services for approximately 7000 apartments (more than 300 thousand sq. m.), value of the signed agreements is 700 thousand euros.
Concentra holds over 4.8 million square meters of facilities under its management, with 1600 employees. The company provides services in Central (Madrid), Southern (Seville), Eastern (Valencia) and Northern (Barcelona) regions of Spain.
Facility management market in Spain accounts for 17 billion euros; it is the fifth largest market in Europe.
«The Baltic Course» Is Sold and Stays in Business!
