Overview
Description
Azaria Rental Socimi S.A. operates as a real estate investment trust (REIT) focusing on the acquisition, management, and rental of commercial properties in Spain. As a SOCIMI, which stands for "Sociedad Cotizada de Inversión en el Mercado Inmobiliario," Azaria Rental takes advantage of tax efficiencies specific to this structure, which is similar to the REIT model in other countries. This company primarily invests in high-yield rental properties, catering to both retail and institutional clients seeking steady income streams derived from lease agreements.
Notable for its focus on urban commercial centers, Azaria Rental Socimi S.A. plays a vital role in revitalizing key business districts, contributing to local economic development. The company's portfolio often includes office buildings, shopping centers, and industrial parks, providing diversified exposure to various commercial real estate sectors. By offering shares that are publicly traded, Azaria Rental enables investors to engage with the real estate market without directly purchasing physical property, thus providing liquidity and flexibility. The company's strategic positioning within Spain's dynamic property market underscores its significance as a vehicle for both individual and institutional investors seeking real estate-based income.
About
CEO
Employees
3
Address
Paseo Eduardo Dato 18
Piso 2
Madrid, 28010
Piso 2
Madrid, 28010
Phone
34 917 81 57 00
Website
Instrument type
Common stock
Sector
Real Estate
Industry
REIT - Diversified
Country
Spain
MIC code
XMAD