Olimpo Real Estate

Corporate Details

ISIN(s):

PTOTP0AM0004

LEI:

529900UDB0DH9ZAKV623

Country:

Portugal

Address:

Lugar de Espido - Via Norte, 4470-170 MAIA

Website:

https://www.ores-portugal.com/pages/load/en/ores

Sector:

Real Estate

Industry:

Equity Real Estate Investment Trusts (REITs)

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.