- The two companies are collaborating together in both research and in building technology projects; they are looking to bring about improvements to the productivity, efficiency and quality of site management, as well as the industrialisation of housing developments.
- According to Gonzalo Galindo, the Director of CEMEX Ventures: “Alliances between the construction and real estate industries are fundamental in securing successful business models”.
- Likewise, Javier Sánchez, the Director of Innovation and Brand of AEDAS Homes considers that: “By bringing together the knowledge of both companies, we will be able to improve the construction and property development sectors”.
Madrid, SPAIN, 2nd of December, 2019.- AEDAS Homes, a new generation property developer, and CEMEX Ventures, a Corporate Venture Capital firm and the open innovation unit of the leading construction materials company, CEMEX, have signed a framework collaboration agreement which aims to boost innovation in the real estate and construction sectors.
This agreement envisages the way in which the two companies will be able to share projects and new business models in order to boost the competitivity of both companies, as well as enabling them to tackle the challenges the industry presents by working with construction start-ups. They also agree to hold regular meetings and share their schedules and any actions they are carrying out thatcould be of interest to the other party, as well as to organise events together.
The new professional relationship that has been established between these companies hinges on an ongoing collaboration that will foster and encourage cooperation when identifying areas for opportunity in the industries in which they are operating, as well as for building on these opportunities. AEDAS Homes and CEMEX Ventures will contribute to research and building technology projects. This will include work to improve the productivity, efficiency and quality of site management, the use of new materials, the implementation of the building methods of the future, and the industrialisation of housing developments.
According to Gonzalo Galindo, the Director of CEMEX Ventures: “These types of alliances between two industries that fit so well together, in this case, the construction and real estate development sectors, are fundamental in identifying new successful business models, and that is why AEDAS Homes is the ideal partner to help us to drive the construction revolution”.
“For AEDAS Homes, the opportunity to work with a world leader such as CEMEX Ventures is a real privilege. Thanks to the knowledge that both companies bring to the table, and the implementation of technology, together we will be able to transform the real estate development and construction sectors. Innovation is the culture that allows us to constantly improve our business strategy”, states Javier Sánchez, the Director of Innovation and Brand at AEDAS Homes.
About AEDAS Homes
AEDA Homes is a property developer which made its debut in the Madrid Stock Market on the 20th of October, 2017 with a market capitalization of more than 1,500 million Euros and since then it has become a nationwide leader in the sector. The company plays a significant role in the development of the Spanish new-generation property sector, and is known for its professionalism and rigour.
AEDAS Homes has already placed more than 6,000 homes on the market throughout Spain, and it has a portfolio of residential land covering more than 1.8 million metres squared (the highest quality land bank in Spain according to analysts). More than 15,500 homes will be developed on this land which is located in some of the key areas of the country, both in terms of the economy and real estate: the Centre, Catalonia, the East, the Balearic Islands, Andalusia and the Costa del Sol.