Kategora was born in Bilbao in 2006 but experienced its initial growth spur in Hungary and Poland. As we looked to invest in emerging markets, we noticed these wonderful countries had low real estate prices, low unemployment rates, a young population, and low leverage rates when compared to Spain.
An ideal scenario to develop real estate projects and an excellent proving ground for the type of innovative concepts we had in mind.
At this point, it was not common for investments to be made on tourist apartments and student residences. However, Kategora anticipated the turbulences everyone would soon face and leveraged the adaptability to economic cycles this type of real estate offers. And to great effect.