The reception we have received in Spain has confirmed the growth of real demand for asset protection services and private safe deposit boxes, especially in a climate where banks are continuing to scale back such services,” noted Seamus Fahy, Managing Director of The Vaults Group.
Three years ago, the Irish-owned holding company entered the Barcelona market, drawn by the Catalan capital’s high level of residential and wealth-related activity. Following the positive reception of their services, they pursued their Spanish growth strategy by opening another location in the country’s capital, backed by a one-million-euro investment. Now, they are focusing on the Costa del Sol, centering their expansion strategy on both the heart of the “Golden Mile” and the region’s main city. (read more)
