Kronos Homes, founded in 2014 and headquartered near Madrid, is a residential real estate developer with a substantial presence across Spain and Portugal. The company was established by Saïd Hejal, a former Fortress investment director, who sought to focus on housing design and architectural quality after observing gaps in the Spanish market. Kronos Homes operates under the broader Kronos Real Estate Group, which also manages rental projects (STAY brand) and commercial spaces (WAY brand).
Over its first decade, Kronos Homes has emerged as a significant player in the Iberian property market. As of 2024, it holds a portfolio of approximately 18,000 housing units, with annual deliveries planned at around 1,500 homes. Its expansion targets urban areas such as Madrid, Barcelona, Valencia, Malaga, and Lisbon, with notable projects like Vale do Lobo in the Algarve and sustainable urban neighborhoods in Sant Pere de Ribes near Barcelona.
The company’s developments are characterized by collaborations with award-winning architects—such as Rafael de la Hoz, Eduardo Souto de Moura, and firms like RCR Arquitectes—reflecting Kronos Homes' strategy to distinguish itself through architectural quality, sustainability, and urban integration. The group reports over €18 billion in real estate transactions managed by its executive team, and maintains offices in Madrid, Barcelona, Malaga, Lisbon, and several European cities.
Kronos Homes integrates sustainability through rigorous life-cycle assessments, waste traceability, and commitments to energy efficiency, as well as pursuing international certifications like BREEAM. The company’s investor base is mostly European, and it has chosen organic growth over acquisitions, with no plans for a public stock listing.