Ibervalles, the socimi that focuses on value-added assets, has announced the creation of new investment vehicles aimed at the hotel and flex living sectors, with the aim of homogenising investments in these areas. For the hotel sector, the socimi plans to invest €240 million by 2025. The first two properties in this initiative include a hotel located at Paseo de la Castellana 220, which will be repositioned in that year, allowing for the extension of its lease contract with the current operator.
Regarding the flex living segment, Ibervalles is projecting an investment of €80 million also by 2025. The first property under this scheme is Valdelacasa, located in the new urban development of Pinar de Valdelatas, which is currently under construction. The company has entered into a long-term lease agreement with the operator SmartRental and is in the process of acquiring land for the development of 570 units.
In the office space area, the socimi will continue with the same investment strategy it has followed to date.
Enrique Isidro, executive chairman of Ibervalles, comments: "The real estate sector is undergoing a major transformation and for Ibervalles it is essential to adapt to the new demands of the sector, particularly in areas such as flex living and hotel investment, which represent emerging opportunities to offer value and sustainability. With these investment vehicles we will improve efficiency and consistency in asset management, as well as incorporating ESG criteria to promote responsible investments".
Ibervalles remains focused on identifying value-add opportunities that offer high repositioning and appreciation potential. The company currently manages 13 properties, with the goal of reaching €550 million in assets by 2025.
