P3 Spain Logistic Parks SOCIMI, S.A. (the “Company”) is a public limited company (sociedad anónima) listed in the Spanish Alternative Stock Exchange Market (Mercado Alternativo Bursatill or MAB) whose main corporate purpose consists on investing in the real estate market and, particularly, to promote and develop assets of an exclusively logistic nature for its long-term tenure and lease.
In 2017 the Company has, through its subsidiaries, acquired a number of logistic assets in Spain and expects to benefit from the growth trend and the recovery of the Spanish logistic market. Approximately 95% of its assets are located on the central corridor of Spain – more precisely, on the autonomous regions of Castilla la Mancha, Comunidad Valenciana, País Vasco, Aragón y Comunidad de Madrid – and their predominant use is logistics.
The Company provide integral leasing and turnkey construction services, which are oriented on the needs of its clients. This responds to the growing demand for rental logistic spaces that the Spanish market is experiencing. The Company is also continuously looking for opportunities to increase the value of its assets and the performance of its investments, thus maximizing the portfolio's profitability.
The Company is focused on active and rigorous management of the existing portfolio whereas it is very concerned to identify risks that may be considered critical for its business.