Advero, the socimi listed on BME Growth, has closed the acquisition of a residential building in Barcelona.
The building has 24 apartments and 26 parking spaces. The closed operation includes 21 apartments and 19 parking spaces. The property was built in 2006 and is currently fully rented.
The company's portfolio is made up of 12 buildings with a total of 194 homes, all of which are destined for the middle-income rental market. The listed company is present in Barcelona, with seven buildings in Rubí, Sabadell, Terrassa and Martorell; Madrid, with three assets in Tetuán and Vallecas; and Málaga, with two blocks in the Trinidad neighbourhood.
In 2021, the company maintained an occupancy rate of its homes of 98%. "Advero is also an interesting hedging vehicle in the current inflationary environment, due to the direct correlation between inflation, wages and income in the company's specialization niche," they explain in a statement sent to BME.