iberian02_digital

85 / 110

2017 / iberian.propery // 85
Axiare Patrimonio SOCIMI, S.A. is a real estate
investment company (SOCIMI) focusing on rental
properties. Its property portfolio is comprised of
70% Class A offices and 30% logistics and retail
assets, primarily located in Madrid and Barcelona.
The Company was set up as a ‘blind pool’ (no
assets) in order to obtain improved returns on
investment via the opportunities and favourable
conditions in the Spanish real estate market at the
time of its creation and thereby build a high-quality
property portfolio that offers good profitability and
liquidity to its investors.
In contrast to others SOCIMIs, the company’s rental
portfolio is activelymanaged by an expert in-house
team, which is solely and exclusively dedicated to
working on this project and which is fully in line
with investor interests.
In 2014, the company completed 17 real estate
transactions worth €424 million, thereby creating
a 388,000 sqm property rental portfolio.
Axiare Patrimonio SOCIMI, S.A. is a member of
EPRA and BME The company has been listed on
the Spanish Stock Exchange since July 9, 2014, as
a SOCIMI following the approval of its prospectus
by the Spanish Stock Market Commission (CNMV).
The company’s headquarters is registered at Calle
José Ortega y Gasset 29, 5th Floor, 28009 Madrid.
Sector Profile
Office
Logistics
Other
Main listed
market Bolsa de Madrid
Number of shares
issued (total)
79062000
Last Quotation 15,44 €
(31/05/2017)
Market
Capitalization € 960 Mn
Last dividend
(2016)
0,18 €
Gross Asset
Value € 1343 Mn
Net Asset Value € 815
Nº of assets 32
Gross Rents
2016 € 42,4 Mn
EBITDA 2016 € 31 Mn
NET Earnings
(EPRA)
€ 19 Mn
EPRA NAV
per share
€ 10 Mn
Last quotation/
EPRA NAV per
share
1,12 €
Luis Alfonso López
de Herrera-Oria
CEO of Axiare Patrimonio
Chony Martín
Vicente-Mazariegos
CFO and Director
of Investor Relations
Guillermo
Fernández-Cuesta Laborde
Real Estate Director
and Deputy to the CEO
Board Members
Data collected from: ,