The SOCIMI informed CNMV that the occupancy rate in its portfolio has increased by 7% in just nine months. In this way, on 30th September, the company portfolio will register an occupancy rate of 87%.
Axiare Patrimonio has signed between the months of January and September, a total of 22 rental contracts, including rent revisions and renewals, corresponding to a GLA of more than 91,000 square metres. In detail, they state that in the third trimester nine new contracts were signed in its properties Fernando el Santo, Cristalia 2&3 and Avenida de la Vega 15, for a total of 4,000 m2.
The assets portfolio of SOCIMI as listed on the continuous market surpassed one thousand million euros in June 2016. This date reflects a 25% increase on the acquisition price, as a consequence of strategy and company developmental management: to acquire properties at competitive prices, their repositioning and management in order to turn them into the best in the area of influence, and thus increase their value.
By asset type, to 30 September 2016, 68% of the portfolio value corresponds to the office sector, 19% to logistics assets and 13% retail, in line with the agreement reached with the shareholders. By location, 97% of the portfolio is to be found in established zones of Madrid and Barcelona.
Axiare Patrimonio becomes the first real estate company in Spain to be regulated by Royal Institution of Chartered Surveyors (RICS).
Axiare Patrimonio had a net profit of 13.1 million euros in the first quarter of the year, an increase of 156% compared to the same period of the previous year.
Axiare Patrimonio acquired an office building in Sant Cugat del Vallés with an area of 17,648m2 for 19.5 million euros, a transaction accompanied by Estrada & Partners, represen...
Blackstone will transfer 21,000 homes to several Socimis, to rent.
Up to October 2017, have been invested €1,500 million in commercial real estate in Portugal, surpassing by 15% the €1,300 million transacted throughout the year 2016.
RICS (Royal Institution of Chartered Surveyors) in partnership with Iberian Property have just launched the first edition of the new Iberian Commercial Property Monitor, an unprecedented initiat...