Overview
Description
Torimbia Socimi S.A. is a Spanish real estate investment trust (REIT) that plays a significant role in the commercial property market. Its primary function is to acquire, manage, and invest in a diversified portfolio of income-generating real estate assets. Torimbia Socimi focuses on properties across various sectors, including retail, office spaces, industrial warehouses, and residential complexes. By adhering to the SOCIMI framework, Torimbia Socimi S.A. enjoys tax advantages that require it to distribute the majority of its profits as dividends to shareholders, thereby offering a steady income stream. This business model makes it a crucial player in providing liquidity and investment opportunities within the real estate sector. Torimbia’s strategic property acquisitions help stimulate economic activity and urban development in the regions it operates. The company's emphasis on high-quality real estate assets contributes to its prominence in enhancing the market's vibrancy and supporting the infrastructure demands of a growing economy. As such, Torimbia Socimi S.A. is instrumental in the broader dynamics of the real estate investment landscape in Spain.
About
CEO
Employees
0
Address
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Phone
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Website
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Instrument type
Common stock
Sector
Real Estate
Industry
REIT - Diversified
Country
Spain
MIC code
XMAD