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This company is engaged as lessors and operators of hotels, apartments, real estates and non-residential buildings principally in Spain. It was incorporated in 1994. The registered head office of the company is located in Arona, Canary Islands (Spain). The company comprises its business activities in the acquisition, renting, utilization and administration of own property, non-residential buildings and other dwellings. It provides services and land subdivision for subsequent sale to builders. The company leases real properties to be used as residential and non-residential buildings, such as shopping centers, offices, apartments, banks, and other related infrastructures. It has its active operations principally in the country.