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Silicius will be listed on BME Growth with €700M in RE assets

Silicius will be listed on BME Growth with €700M in RE assets

According to OkDiario, the company will debut in the 'listing' mode during this month of September.

However, this is not the first time that the real estate company tries to go public, since two years ago it announced its intention to do so, but so far it has not seen the right moment. The company specializing in the purchase and active management of real estate in profitability formally requested in October 2019 its incorporation into the Socimi regime as a prior step to its IPO.

Real Estate Portfolio

The Socimi, born in 2015, has a real estate portfolio made up of 45 assets from different segments such as hotels, offices, retail, residential and logistics, totaling more than 332,750 square meters of gross leasable area (GLA).

In total, its portfolio has a gross valuation that exceeds 700 million euros. Specifically, Silicius has about twenty commercial premises, located mainly in the Community of Madrid; six office buildings; ten hotels; three shopping centers; as well as residential and logistics assets.

In addition to its debut on BME Growth, Silicius plans to accelerate its investments in 2021, contemplating growth of 100 million euros. Likewise, the Socimi managed by Mazabi has a 'pipeline' of operations worth close to 300 million euros to execute in the current year.

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