Insights
Ideas on alternative real estate
Market analysis, investment criteria and news notes on the sectors we work in: flex living, prime rental and co-investment. We write the way we invest: explaining the assumptions, not selling returns.
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Investment criteria: how we underwrite a deal
Most of the deals we study do not make it past the filter. What we look at, in what order, and why we would rather discard too much than be wrong with investors' capital.
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Flex living in Madrid: a structural supply deficit
Madrid concentrates Spain's highest demand for flexible housing, yet regulated supply covers barely a fraction. Why the imbalance is structural, not cyclical.
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Prime rental: stable income with CPI indexation
Triple-net leases to solvent tenants turn a prime retail unit into an asset with predictable income. What to check before signing a ten-year lease.
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Líbere Hospitality Group to operate Inversiones Valdemarín
The flexible-accommodation operator adds to its network the aparthotel the manager is developing with Twin Peaks Capital in Valdemarín (Moncloa-Aravaca), with opening scheduled for 2027.
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Co-investment: why we invest in every vehicle
We commit a minimum of 5% of the capital of every project. It is not a gesture of confidence: it is the most honest way to align our incentives with the investor's.
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Mad Río Hco completes the concrete pour of its first slab
Construction of the manager's flagship vehicle, beside the Manzanares river, reaches the structural phase on schedule.
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Retail, offices and hotels: Overlord takes part in the "Real Estate Market Outlook 2026" conference in Zaragoza
Íñigo Muñoz, the firm's Head of Investments, analysed the situation and outlook for retail units, offices, shopping centres and hotels alongside the directors of the World Trade Center Zaragoza and Puerto Venecia, at the conference of the University of Zaragoza's Real Estate Market Chair and Ibercaja.
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Club deals: institutional access with a private ticket
Deals of €20–40M that an individual investor cannot reach alone. How a club deal works and what separates a good syndicate from a bad mailing list.
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Overlord takes part in the 1st MAPFRE Economy and Wealth Management Forum in Zaragoza
Íñigo Muñoz, the firm's Head of Investments, joined the presidents of CEOE Aragón and ICT Ibérica on a panel about Aragon's lines of economic growth beyond data centres.
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Sustainability and BREEAM: why we certify our assets
Environmental certification stopped being a marketing ornament. Today it shapes financing, occupancy and exit value. What really weighs on the balance sheet.
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Vicálvaro and Madrid's south-east: where we look for land
The south-east concentrates land, transport and young demand. Why we placed the portfolio's largest development there and how we read the potential of an emerging district.
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Overlord launches Cesaraugusta Prime and signs the deposit on its first unit in Zaragoza
The second income-asset vehicle starts with a prime retail unit on Paseo Independencia in Zaragoza and is open to co-investors.
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The keys to investing in equities and real estate, discussed in Zaragoza
The Augusta Group and Overlord Gestión session at the Gran Hotel de Zaragoza brought together Carlos Val-Carreres (MyInvestor Value) and Íñigo Muñoz (M70 and Overlord) to compare how decisions are made in equities and in real estate.
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Overlord joins the flex living panel at the 4th "Innovation in Times of Change" conference in Zaragoza
Íñigo Muñoz, the firm's Head of Investments, discussed flex living as a response to the housing shortage at the conference organised by the University of Zaragoza's Real Estate Market Chair and Ingennus, which gathered more than 190 professionals at the World Trade Center.
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Overlord acquires the land for its first vehicle, next to Madrid Río
The purchase of the tertiary-use land on Paseo Virgen del Puerto sets Mad Río Hco in motion and marks the start of the manager's activity.
Read newsThe contents of this section are Overlord Gestión's own analysis and opinion, for information purposes. They do not constitute investment advice or an offer to subscribe to any vehicle.
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