Olimpo Real Estate

MLORE | LS

Overview

Corporate Details

ISIN(s):: PTOTP0AM0004
LEI:: 529900UDB0DH9ZAKV623
Country:: Portugal
Address:: Lugar de Espido - Via Norte, 4470-170 MAIA
Website:: https://www.olimpo-re.com/
Sector:: Real estate activities
Industry:: Real estate activities with own or leased property

Description

THE MAIN BUSINESS OF ORES SOCIMI IS THE ACQUISITION AND MANAGEMENT OF COMMERCIAL REAL ESTATE ASSETS IN SPAIN AND PORTUGAL. The objective of ORES Socimi is to acquire commercial real estate assets with long-term growth potential in the Spanish and Portuguese markets. Sonae Sierra will be the real estate administrator of the Socimi, with over 25 years’ experience in the field. The company is responsible for 81 shopping centres with a total GLA of 2.3 million m2, 45 of which are owned by them, with a value of 6 billion euros. They also have an established platform and local teams, both in Spain and Portugal. The main objective of ORES Socimi is to generate value for its clients through the long-term management of commercial real estate assets, using the knowledge and experience of its administrators Bankinter and Sonae Sierra.

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Insider Transactions

Date	Insider Name	Position	Type	Shares	Value
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