CLERHP Projects $784M Revenue in New Three-Year Business Plan
The publicly traded developer targets $252M EBITDA and $162M net income, with dividends set to begin in 2027.
Spanish real estate developer CLERHP has unveiled its 2026-2028 Business Plan, projecting total revenue of $784 million over the three-year cycle, according to figures released by the publicly traded company. The plan outlines earnings before interest, taxes, depreciation and amortization of $252 million alongside net income of $162 million, signaling an ambitious growth trajectory for the group.
A key pillar of the strategy is Larimar City & Resort, the company's flagship development, which has already recorded $400 million in cumulative sales. The project serves as the primary engine behind CLERHP's revenue projections and is expected to sustain momentum throughout the plan's duration.
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On the capital returns front, CLERHP has committed to initiating dividend payments in 2027, dedicating 25% of annual profits to shareholder distributions. The move reflects management's confidence that the company will generate sufficient free cash flow to reward investors while continuing to fund its development pipeline.
The announcement positions CLERHP among a growing cohort of mid-sized real estate developers seeking to attract institutional investors through transparent multi-year financial roadmaps. Whether the company can execute on targets of this scale will depend heavily on macroeconomic conditions, construction cost trends, and sustained demand at flagship projects like Larimar.
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