Barcino Property SOCIMI, S.A.’s main purpose is to acquire and refurbish urban assets that will subsequently be let. The Company invests mainly in residential real estate in central locations of the metropolitan area of Barcelona.
The Company’s strategy is to acquire entire buildings that following refurbishment will be suited to the rental market. Each purchase is carefully studied and involves the implementation of a specific development plan based on the property’s characteristics and its potential, as well as a detailed study of demand in the area where it is located.
Barcino Property SOCIMI, S.A. aims to deliver strong returns to its investors through a strict control of refurbishment expenses and a proactive, flexible and professionalized management of its portfolio with a view to generating attractive long term returns. The Company uses the services of an external manager.
The Company was incorporated in January 2015 and since February 2016 it is part of the Regulated Company for Real Estate Investment (SOCIMI) regime so that in can benefit from its tax advantages. Since December 2017, the Company has been listed on the Alternative Stock Market (MAB).