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Velora Capital Launches New Investment Project in Madrid and Barcelona

Mayans and De Navas Launch Independent Firm to Invest in Offices and Logistics

Spain welcomes a new player on its investment scene: Velora Capital plans to invest €500 million by 2030, focusing on office and logistics real estate. The initiative targets Madrid and Barcelona.

A new player in Spain’s real estate market

In 2025, a new independent management company, Velora Capital, entered the Spanish real estate market. The company was founded by Daniel Mayans and Óscar de Navas, both formerly leading FREO España. Their new venture aims to attract €500 million in investments by the end of the decade. Velora Capital will focus mainly on office buildings and logistics properties in the country’s major cities.

Founders’ experience and strategy

Mayans and de Navas bring more than a decade of experience from their time at FREO España, where they oversaw deals totaling over €1.2 billion. Among their most notable projects are Glovo’s headquarters in Barcelona’s innovative 22@ district, the Estel building renovation, and the acquisition of the La Sierra complex in Madrid. Velora Capital’s new approach is built on active management and selective investment, seeking undervalued assets with potential for upgrade and increased value.

Focus on sustainability and collaboration

The company plans to work closely with institutional investors and family offices to create long-term value. In addition to office and warehouse properties, Velora Capital is considering opportunities in the residential sector, which continues to attract both domestic and international investors. The company’s management notes that Spain’s economic performance remains above the European average, and 2026 could be a key year for major deals involving both foreign and local capital.

Philosophy and Future Plans

The name Velora reflects the company’s core principles: swift decision-making, strong values, and the creation of unique projects. The founders emphasize that this new chapter in their careers is driven by a desire to build a business with a personalized approach and deep engagement. Their years of experience in an international environment allow them to look to the future with confidence and expect success in their new initiatives.

Thus, the launch of Velora Capital represents not only a new player entering the market, but also the continuation of the professional journey of two well-known experts who plan to leverage their knowledge and connections to boost the real estate sector in Spain.

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