Business · Companies · 6 hrs ago
Inmho and LDC Group complete merger to form Iberian property management leader
Spanish property manager Inmho and Portugal’s LDC Group have completed their merger, bringing their operations together in one organization.
The group has one million clients across nearly 24,000 owners’ communities and employs 2,500 people.
Its combined revenue was €93.8 million at the end of 2025.
The companies will keep their own brands, offices and local teams, while sharing technology, capabilities and projects.
Antonio Baldellou is the chief executive of the integrated group, while former LDC chief executive Pedro Pinheiro will lead property management in Portugal.
The group also manages rental homes, with 10,800 in Spain and 200 in Portugal.
The companies say working together will help them grow and improve service in both countries.
Inmho and LDC Group have completed their merger, creating an integrated property management group operating in Spain and Portugal.
The group has one million clients and manages nearly 24,000 residential communities.
It reported combined revenue of €93.8 million at the end of 2025.
The companies will keep their brands, offices and local teams while sharing capabilities, technology and projects.
Antonio Baldellou is the chief executive of the combined organization.
- Who
- Spanish property manager Inmho and Portugal’s LDC Group.
- What
- They completed a merger to form an integrated property management group.
- When
- The merger was reported on October 16, 2026.
- Where
- Spain and Portugal.
- Why
- The companies aim to combine their scale and local expertise, share capabilities and technology, and support joint growth.
This story does not have two clearly opposing sides.
The companies reported combined revenue of €93.8 million.
Inmho added Tranquiler and exceeded 10,000 rental homes under management.
Expansión reported that Inmho and LDC Group had completed their merger.
- Combined clients
- 1 million
- Residential communities
- Nearly 24,000
- Combined revenue
- €93.8 million at the end of 2025
- Combined workforce
- 2,500 professionals
- Chief executive
- Antonio Baldellou
- Short- and long-term and holiday rentals
- 200 homes in Portugal and 10,800 in Spain
What people are saying
Scale only makes sense if it translates into better service, and that is the commitment we take on in both countries