Former type Sociedad Anónima Founded 1980 Defunct 17 December 2007 | Traded as BMAD: FAD Fate Acquired by Martinsa Founder Manuel Jove Successor Martinsa-Fadesa | |
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Key people Manuel Jove, ChairmanAntonio de la Morena Pardo, CEO | ||
Fadesa saidia
Fadesa Inmobiliaria, S.A. was a Spanish real estate company.
Contents
In 2007, the company was the subject of a friendly takeover by rival Martinsa resulting in the creation of Martinsa-Fadesa.
Fadesa
History
Fadesa was established on 24 July 1980 by Manuel Jove as Edificaciones Coruñesas, S.A.. On the 31 October 1997, Edificaciones Coruñesas bought Urbanizador Inmobiliaria Fadese, S.A.U., Indelar S.A.U., and Coditecsa, S.L.U. adopting the corporate name of one of these companies - Urbanizadora Inmobiliaria Fadese, S.A. (Fadesa). On 23 April 1999 Urbanizadora Inmobiliaria Fadese changed their name to Fadesa Inmobiliaria, S.A..
At the height of the Spanish property bubble - on 30 April 2004 - Fadesa floated 33% of its capital on the Madrid Stock Exchange with the company valued between 1.2 and 1.4 billion euros.
Sponsorship
From 2001 to 2008 Fadesa was the shirt sponsor of the Spanish football club Deportivo de La Coruña. They also sponsored Intervíu Fadesa (futsal), Ayamonte CF (football) and Ceuta-Fadesa (sailing).