Changes to the SOCIMI regime should have a reduced impact

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Most of the participants at the Iberian REIT Conference considered that the current Spanish government should implement changes in the SOCIMI tax regime, but they will have a reduced impact.

That is the opinion of 81% of the 48 participants who responded to the real-time survey carried out during the conference. On this subject, 17% of respondents considered that these changes will have a significant impact and only 2% considered there won’t be any changes.

Environmental, social and governmental criteria (ESG) which were one of the main themes of the conference, are currently taken seriously by real estate investors, but according to 63% of respondents (40 in total), they will have a minor impact on the decision making. On this subject, 27% considered that these criteria weigh on the investors’ decision making and 10% assumed it didn’t have any impact.

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