Promontoria Macc 1x1 Socimi S.A.

Company Description

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MACC 1X1 Socimi is a real estate investment company (SOCIMI) established for the purpose of acquiring granular residential properties on an asset-by-asset basis to be leased on long term agreements through its subsidiary MACC RE.

The Group’s business model consists of

(i) acquiring residential properties,
(ii) refurbishing the properties to make them suitable for rent and
(iii) leasing the properties on long term rental contracts to generate rental income.

Year founded

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2019

Served area

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Spain

Headquarters

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Planta 4 Calle Principe de Vergara 112, 28002 Madrid – Spain

Shares outstanding

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27,800,000

IPO

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July 25, 2022

Stock exchange(s)

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Euronext Lissabon