Last updated: June 1, 2022, 3:30 p.m.
Data collected from Advero Properties and MAB

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 in Spain compared to the traditional model of property ownership. The company’s investment thesis is supported by three strategic pillars: i) exclusively residential assets; ii) assets located on the periphery of large cities or middle-income neighbourhoods; iii) preferably full ownership of portfolio assets to create cohesive communities of residents.

ADVERO Properties was established in August 2017 and was listed on the MAB (Spain’s alternative stock exchange) at the beginning of November 2019. ADVERO articulates its management by outsourcing all services to Spanish-based companies with a solid track record and high commitment to ADVERO. Adequita Capital Ltd., ADVERO’s promoter, leads the management of all outsourced services from London. This gives ADVERO a flexible management structure that is adaptable to the company’s growth, thus protecting the return on investment for shareholders.

Player Type
REITS
Last Quotation
9
Capitalization
21.230.664€
Gross Asset Value
17.900.000€
Gross rents
489.194€
Ebitda
88.102€
Net earnings
64.724€
Main Listed Market
MAB
Number of Shares Issued
2.426.373
Free Float
5.0 %
Number of assets
6
Legal Domicile
Spain

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