Business · Companies · 8 hrs ago
Núñez i Navarro profit rises 3.7% as property assets top €1bn
Barcelona property group Núñez i Navarro raised net profit 3.7% in 2025, to €51 million.
The family-owned company builds, buys and manages homes and commercial property, as well as hotels.
Rental income rose 4% to €119 million, helping lift total revenue 1.1% to €198 million.
Hotel revenue fell 4% to €76 million, although occupancy stayed above 90%.
Its property assets reached €1.04 billion, up 6% from the previous year.
Higher construction material costs increased the group’s supply expenses, while 90% of its debt has a fixed interest rate.
The group plans to complete two developments in 2026 and says it will adjust investment to rental demand.
Núñez i Navarro’s net profit rose 3.7% in 2025 to €51 million, a record for the Barcelona property group.
Its revenue increased 1.1% to €198 million, while rental income rose 4% to €119 million.
The group’s hotel revenue fell 4% to €76 million, despite occupancy remaining above 90%.
The book value of its property investments rose 6% to €1.04 billion.
The company plans to finish two developments in 2026.
- Who
- Núñez i Navarro, a family-owned property group led by Josep Lluís and José María Núñez Navarro.
- What
- Net profit rose 3.7% to €51 million in 2025, and property assets exceeded €1 billion.
- When
- In 2025; the results were reported on October 23, 2026.
- Where
- The group is based in Barcelona, where its 12 hotels and tourist apartment building are located.
- Why
- Higher revenue and a 33% rise in financial income contributed to the profit increase.
This story does not have two clearly opposing sides.
Net profit reached €51 million, revenue was €198 million and property investments had a book value of €1.04 billion.
The group completed seven rental developments and bought land for almost €200,000.
The company set a target of completing two developments.
- Net profit
- €51 million, up 3.7% in 2025
- Revenue
- €198 million, up 1.1%
- Rental income
- €119 million, up 4%
- Hotel revenue
- €76 million, down 4%
- Property investment value
- €1.04 billion, up 6%
What people are saying
It is estimated that rental demand will continue, so the group adjusts its investment to the evolution of demand, for offices, commercial premises and homes.