What ARGIS does

ARGIS Asset Management, SL is a privately-held integrated capital management firm founded in Madrid in 2015 by Alejandro Schuvaks, with Carlos Zucchi joining as CEO in 2019. The firm acquires, develops, and operates real estate assets across Spain through three specialized platforms: ARGIS Living (build-to-sell residential development), Flipco! (flex living/coliving operations), and Landmark Offices (prime office acquisition and management). With over €1.1 billion invested and €1.4 billion in assets under management across 330,000+ sqm built or under construction and 4,900+ units delivered, ARGIS targets institutional core and core-plus capital from international insurance companies, pension funds, and sovereign investors, while also distributing residential units and flex living accommodations to end-users.

The firm generates revenue through multiple streams: recurring asset management fees on its fund portfolios, development profits from residential unit sales, recurring rental income from flex living operations, and prime office rents supplemented by capital appreciation. Capital is raised via successive institutional fund vehicles, notably ARGIS Living Fund II (€250M, launched February 2025) and a new $257M fund with $450M associated financing announced in 2026, with plans to invest up to $700M over three years and double the portfolio from €1.2B to €2.4B within two years. Recent transactions include the €324M acquisition of 1,016 homes from Acciona (November 2025, marking Barcelona market entry), the €132M Torre Sevilla acquisition from CaixaBank (January 2026), and the 2022 €150M acquisition of the BBVA Bilbao headquarters subsequently listed via Socimi AOFI SHENI.

ARGIS operates from Madrid headquarters with additional offices in Hod Hasharon, Israel and Montevideo, Uruguay, supported by a 30+ person multidisciplinary team across multiple nationalities. Its integrated model covers the full asset lifecycle from off-market sourcing through development to operational management and exit, with BREEAM Excellent and EPC A sustainability standards and Great Place To Work certification supporting its institutional positioning. The firm does not disclose an AI or proprietary technology platform; the Flipco! platform provides operational technology for flex living resident experience.

Name

ARGIS

Legal name

ARGIS ASSET MANAGEMENT, SL

Website

https://argis.fund

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

ARGIS is a Madrid-based integrated real estate capital management firm that acquires, develops, and operates residential, flex living, and prime office assets in Spain for international institutional investors and end-buyers, with €1.4B AUM across three specialized platforms.

Ownership category

akta.pro rank

Product category

Real Estate Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Real Estate Property Managers (53131), Management of Companies and Enterprises (55111)

SIC

Operators Of Nonresidential Buildings (6512), Real Estate Investment Trusts (6798), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Real Estate ESG / Sustainability & Resilience Advisory (Decarbonization, Climate Risk) (BPAJANAI)

Keywords

• Real estate investment
• Asset management
• Residential development
• Flex living
• Integrated capital management

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain, Infrastructure

Revenue model

1. Asset Management Fees: ARGIS generates revenue as an integrated capital manager by charging asset management fees on assets under management, estimated at over €1.2 billion in portfolio value.
2. Development and Sale of Residential Properties: Through ARGIS Living platform, the company develops and sells residential units (build-to-sell model) generating development profits. Units include lofts, apartments, and luxury homes across Madrid, Barcelona, and other Spanish cities.
3. Flex Living Operations: Through Flipco! platform, ARGIS operates flexible rental apartments providing furnished temporary accommodation with services. Generates recurring rental income while maintaining operational control even after asset sales.
4. Landmark Office Asset Management: Through Landmark Offices platform, ARGIS acquires, repositions, and manages prime office buildings for long-term income generation and capital appreciation.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

ARGIS is an integrated capital management firm that combines investment, development, and real estate operations under a single governance model. The company operates three specialized platforms: ARGIS Living (build-to-sell residential development), Flipco! (flex living and coliving operations), and Landmark Offices (prime office building investment and management). It manages over €1.1 billion invested and €1.4 billion in assets under management across Spanish urban markets.

Product overview

ARGIS is an integrated capital management company that operates through three specialized platforms: ARGIS Living (residential build-to-sell development), Flipco! by ARGIS (flex living/coliving operations), and Landmark Offices by ARGIS (prime office investment). These platforms operate under unified management, combining investment, development, and operations to cover the entire asset lifecycle from acquisition through exit. The company manages residential, flex living, and office assets across Spanish urban markets including Madrid, Barcelona, Bilbao, Seville, and Malaga, with a portfolio exceeding 4,900 units and €1.1 billion in assets under management.

Differentiator

Problem solved

Functional benefit

Brands

• ARGIS Living: Build-to-sell residential development platform focused on urban transformation and sustainable housing projects.
• Flipco! by ARGIS
• Landmark Offices by ARGIS

Products and services

• ARGIS Living Residential development platform focused on build-to-sell (BTS) and build-to-rent (BTR) projects. Develops housing units across Spain with emphasis on design quality, sustainability, and ESG criteria from project inception. Serves individual residential buyers and institutional investors.
• Flipco! by ARGIS Flexible living operator specializing in coliving, flex living, and rental solutions. Designs and operates flexible accommodation with integrated services, functional design, and technology for young professionals, digital nomads, and mobile workers.
• Landmark Offices by ARGIS Platform for investing and managing landmark office buildings in prime business districts. Acquires, repositions, and actively manages prime office spaces with a boutique approach focused on architectural value, connectivity, and long-term value creation.
• ARGIS Living Fund II Second investment fund with €250 million capitalization focused on residential and flex living projects in Madrid, targeting core and core plus capital from institutional investors including insurance companies and pension funds.
• Integrated Capital Management Model Unified business model combining investment, development, and real estate operations under single governance. Covers entire asset lifecycle from capital raising to operational management, enabling maximized value and performance across all platforms.

Quantifiable outcome

• Portfolio expanded sixfold from 20,000 sqm to 120,000 sqm with single Torre Sevilla acquisition
• +2 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered support, minor and core.

• Tornos AbogadossupportImplementation/ SI/ Consulting Partner · 2 January 2026Legal advisor to ARGIS for the Torre Sevilla acquisition from CaixaBank, providing legal counsel during the transaction process.
• Ugarte Rebollo y AsociadossupportImplementation/ SI/ Consulting Partner · 2 January 2026Financial advisor to ARGIS for the Torre Sevilla acquisition, providing financial advisory services during the transaction.
• CuatrecasassupportImplementation/ SI/ Consulting Partner · 2 January 2026Legal advisor to CaixaBank for the Torre Sevilla sale transaction.
• Jones Lang Lasalle (JLL)supportImplementation/ SI/ Consulting Partner · 3 November 2025Advisory firm providing transaction advisory services to ARGIS for the €324 million acquisition of 1,016 homes from Acciona.
• Flipco Impulsa Mentorship Program PartnersminorStrategic or Co-development Partner · 1 February 2025Entrepreneurs and professionals including Juan Velayos and Ricardo Moreno participating in Flipco's startup mentorship program to accelerate startup growth.
• Abbaco MarketssupportImplementation/ SI/ Consulting Partner · 27 June 2024Advisor to ARGIS for the listing of AOFI SHENI Socimi S.A. (BBVA Bilbao headquarters) on the stock exchange, advising on the IPO process.
• Aldara ConstruccióncoreStrategic or Co-development Partner · 1 January 2024Construction partner leading development of the 360-unit flex living project in Tres Cantos (Madrid Content City) with 20 years of construction sector experience.

Scale indicators13 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Greystar: Global leader in flex living, multifamily, and student housing operations. Directly comparable to ARGIS's Flipco! platform in flex living/coliving operating model; ARGIS's Director of Flex Living previously managed 2,500+ units at Greystar.
• Stoneshield Capital: Spanish real estate investment manager with opportunistic and value-add strategies across Iberian real estate; comparable in geography, asset class focus, and institutional capital sourcing to ARGIS.
• Round Hill Capital: European real estate investment manager with Build-to-Rent and student housing focus across UK and continental Europe. Comparable to ARGIS's build-to-sell and flex living expansion strategies.
• Lar España Real Estate: Spanish REIT/asset manager focused on Iberian retail, office, and residential assets. Comparable business model to ARGIS in raising institutional capital to acquire and operate Spanish real estate; co-named in the same €7B Spanish real estate mobilization news.
• Azora: Spain-headquartered real estate asset manager with residential, hospitality, and BTR strategies; comparable to ARGIS as a fellow Spanish integrated capital manager that raises institutional capital and deploys across residential and operating platforms. Note: ARGIS's senior associate previously worked at Azora.
• A&G (A&G Banca Privada / Real Estate): Spanish asset manager and private bank deploying into Iberian real estate via dedicated vehicles — co-named in recent Spanish press announcing combined €7B of real estate mobilization alongside ARGIS, Azora, and Lar.

Broad incumbents

• CBRE Investment Management: Global real estate investment management arm of CBRE with European fund vehicles in residential and operating strategies. Comparable in institutional LP base and Pan-European ambition; ARGIS's Head of IR Southern Europe was previously at CBRE Capital Markets.
• TPG Real Estate Partners: Global private equity real estate strategy deploying across residential, hospitality, and operating platforms. Comparable to ARGIS as a capital allocator in real estate with operating company building ambitions.
• PATRIZIA: Large European real estate investment manager with €50B+ AUM across residential, commercial, and operating platforms. Directly comparable integrated capital-management model at greater scale than ARGIS.

Regional players

• Merlin Properties: Iberian REIT focused on prime offices, logistics, retail, and data centers. Comparable to ARGIS in Spanish real estate orientation; direct transaction counterparty — sold its Pozuelo de Alarcón plot to ARGIS for 43 luxury homes.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ARGIS