Core Spain Holdco Socimi S.A.U

Company Description

The Company’s business involves investing in real estate assets in Spain, allocated for long-term leases to obtain revenues.
The Company’s objective is to maximize rental income by exploiting the potential of the asset it currently owns. As mentioned throughout this Information Document, ACEF SPAIN PROPCO – and thus the Company indirectly – owns a single residential portfolio in Madrid, comprised by dwellings, storage rooms, parking spaces as well as some retail units.

The Company’s business model consists of investing in residential properties assets (main/permanent home and not holiday rental given the nature of its fund – residential fund) intended for long-term leases to obtain revenues and improve values. Any potential future investment could either come from the existing subsidiary, or from incorporating/acquiring a new investee.

Served Area

Spain