Ayesa Ingeniería reinforces its commitment to data centres and integrated project management with the purchase of CORE

This corporate movement promotes the diversification and international projection of Ayesa Ingeniería. The aim is to lead major tourism and real estate developments, iconic projects and digital infrastructures.

Founded a decade ago, CORE is a boutique firm specialising in project management with Lean Construction methodologies.

Ayesa Ingeniería has acquired CORE, a Madrid-based project management firm, as part of its strategy to strengthen its presence in the real estate and data centre sectors. In the latter area, Ayesa already collaborates with technology giants such as AWS (Amazon Web Services) and Google Cloud.

Founded a decade ago by Miguel Tapia, after working for large companies such as Hill International, CORE has specialised in project management services in sectors such as hotels, residential, offices, hospitals and energy. Its competitive edge lies in the implementation of Lean Construction methodologies, which allow it to significantly reduce costs and optimise execution times.

Ayesa already has a project management service line that operates internationally through its 23 offices around the world. It is currently involved in emblematic projects such as the remodelling of the Santiago Bernabeu stadium in Spain, the Aramco Stadium in Dammam (Saudi Arabia), the Rio de Janeiro Tower in Guadalajara (Mexico) and the Marta Museum in Panama.

The incorporation of CORE expands this practice to new sectors and markets, with the expectation of generating important commercial synergies. Ayesa’s objective is to double the volume of business in the next four years, covering large tourist developments, real estate and iconic structures around the world.

Since its foundation almost 60 years ago, Ayesa has evolved to specialise in more than 80 technical disciplines. The company is present in key areas such as industry, cities, water and transport, the latter two being its most prominent areas, with relevant global positions, 16 and 24 respectively (ENR ranking).

Rosalío Alonso, Chief Operations Officer of Ayesa, highlights that ‘we see great opportunities for growth in the private investment sector in real estate in general and in particular in data centres, which require expert players in this sector, as well as in energy efficiency. This appetite for investment comes from the exponential increase in global data traffic, which is expected to continue to rise with the advent of AI and the universalisation of cloud computing’.

For his part, Miguel Tapia, CEO of CORE, adds that ‘with the sum of our capabilities, we are moving forward together on a path that will position us as a relevant player in this market in the coming years. Ayesa is one of Spain’s fastest growing companies, and we are on board with determination.

The acquisition of CORE is the latest in a series of strategic operations carried out by Ayesa Ingeniería, in addition to the purchase of the Irish engineering company ByrneLooby. In total, this represents the group’s tenth corporate transaction – following the majority investment by A&M Capital Europe in 2022 – to strengthen its technological capabilities, geographic reach and sector diversification.