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CLERHP Targets $784 Million Revenue in Three-Year Expansion Plan

CLERHP Targets $784 Million Revenue in Three-Year Expansion Plan

With sales at its Larimar City & Resort project hitting $400 million, Spanish firm CLERHP has unveiled a 2026–28 business strategy aimed at full vertical integration. The company projects $162 million in net income over the period, signaling a shift from traditional engineering toward a diversified real estate model.

The Board of Directors approved the plan on September 30, outlining a transition that positions the Dominican Republic as the company’s primary strategic market. To support this growth, CLERHP has secured $56 million in financing, split between $22 million in bonds and $33 million in private debt, while maintaining a $13 million cash position.

The strategy rests on five core pillars: engineering, structural construction, project management, real estate development, and integrated services. By expanding into maintenance, equipment, and rental management for its own and third-party developments like Marelago, the firm aims to capture a larger share of the property lifecycle. This operational shift is expected to generate $252 million in EBITDA, with the bulk of that figure—$224 million—derived directly from real estate activities.

Shareholders stand to benefit starting in 2027, when the company intends to launch a dividend policy earmarking 25% of annual profits for distribution. As CLERHP looks to graduate from BME Growth to the main market, the company is prioritizing capital market engagement to sustain its long-term expansion.

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