ADVERO PROPERTIES SOCIMI, S.A

20/11/2019

Close Price Date

8.0000

Close Price

Last Trade

Date

20/11/2019

Hour

Close

Last

8.0000

Ref.

7.9500

Dif.(%)

0.63

Volume (Shares)

225

Turnover (€x1000)

1.8

X
20/11/2019 16:00:27
BidAsk
OrdersVolumePricePriceVolumeOrders
16427.95008.05006341

Security

Security name

ADVERO PROPERTIES

Ticker

YADV

ISIN

ES0105448007

NIF

A-67077628

Shares Admitted

1.629.231

Nominal

5 Euros

Capital Admitted

8.146.155,00 Euros

Trading

Fixing

Liquidity Provider

SOLVENTIS, A.V., S.A.

Registered Advisor

SOLVENTIS, A.V., S.A.

Auditor

PRICE WATERHOUSE COOPERS AUDITORES, S.L.

Address

CL/ IRADIER 19, 08017 BARCELONA

Contact

info@adveroproperties.com

Historical Summary

 2019 until 20/11

Capital Admitted (thousands of euros)

8,146

Shares (x 1,000)

1,629

Period Close Price (euros)

8.0000

Period Last Price (euros)

8.0000

Period High Price (euros)

8.0000

Period Low Price (euros)

6.8000

Capitalisation (thousands of euros)

13,034

Volume (thousands of shares)

5

Turnover (thousands of euros)

36

Company Profile

ADVERO Properties Socimi S.A. was established in August 2017 with a strong social mission: to facilitate access to quality rental housing in middle-income areas in Spain. 

ADVERO was born in response to the socio-economic change in recent years, which has generated a significant increase in the demand for rental housing compared to the traditional model of property ownership.   

At the time of joining the MAB, ADVERO’s portfolio consists of five buildings with a total of 76 residential units, located in municipalities of Barcelona’s first belt (Rubi, Sabadell, and Terrassa). The company is analysing incorporating new buildings in other regions of Spain. 

The properties within ADVERO’s portfolio have an average age of less than ten years and top quality finishings. The company maintains total control over the buildings, which in turn facilitates the creation of a cohesive community of residents and the offer of additional services that are adapted to the tenants’ needs and purchasing power. 

Due to its still small size, ADVERO articulates its management by outsourcing all services to companies with a solid track record, that are also committed to ADVERO. The management of these services is led by Adequita Capital Ltd., ADVERO’s promoter and management company. This gives ADVERO a flexible management structure that is adaptable to the company’s growth, thus protecting the return on investment for shareholders. 

The focus in municipalities or secondary neighbourhoods and middle-income residents allows ADVERO to provide a highly suitable investment vehicle for investors interested in hedging against the risk of long-term inflation.  

Pau Corbera, Chairman:ADVERO’s mission is to be one of the players that facilitates the creation of a professional and sustainable residential rental market in Spain, in line with what already exists in many other countries.”  

Pau Corbera, Chairman:ADVERO firmly believes that the most efficient way to regulate the rental housing prices is to facilitate an increase of supply. Only in this way can supply and demand be naturally balanced and with a long-term vision.”

Significant participations

No information available

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