Grupo Insur, founded on September 6, 1945, operates as a comprehensive real estate management company headquartered in Seville with significant operations in Madrid. The parent company, Inmobiliaria del Sur S.A., listed on the Spanish stock market in 1984 and currently employs approximately 170 people.
The company's business model divides between two main activities: residential and commercial property development accounting for 44-45% of gross asset value, and rental properties comprising 55-56%. This dual structure provides stability against the cyclical nature of real estate development. The rental portfolio consists of 134,213 square meters of office and commercial space, plus over 2,500 parking spaces, primarily located in Seville, Madrid, Huelva, and Córdoba.
The Pumar family holds roughly 30% ownership, with Ricardo Pumar serving as Chairman since 2005 and Francisco Pumar as CEO since 2010. This family control has enabled long-term strategic planning and conservative financial management, maintaining loan-to-value ratios below 40%.
Grupo Insur distinguishes itself through vertical integration, with construction handled by its fully-owned subsidiary IDS Construcción y Desarrollos. The company frequently operates through joint ventures where it typically holds 50% stakes, allowing risk diversification while expanding development capacity. Its geographic focus spans western Andalusia, Costa del Sol, Madrid, and select locations in Cáceres and Granada.
A notable project is the Río 55 Business Park in Madrid, featuring two office buildings totaling 28,000 square meters. The company weathered the 2008 financial crisis without debt restructuring, distinguishing it from many Spanish real estate peers.