Newly listed Spanish REIT, QPQ, has closed the acquisition of 18 properties in the region of Madrid and the coastal town of Campello in Alicante.
Between the 18th and the 26th the fund has invested €1,472,500 in the acquisition of 18 residential properties which are rented by their management company «AlquilerSeguro S.A.U». According to the group, the average gross initial return is 7.34% on the purchase price
Spanish REIT “Quid Pro Quo Alquiler Seguro SOCIMI, S.A.“ made its debut on the 10th of July and is presided by Gustavo Rossi (President & CEO), along with his partner Antonio Carroza. The main shareholders include former CIO of hedge fund BBVA&Partners, León Bartolomé, as well as board member of Tubos Reunidos, Alfonso Barandiarán. As at close of business today, the REIT’s trade at 1.18, up 18% since it was launched.
The following table shows the breakdown of QPQ’s latest acquisition:
| Address | City (Region) | GLA (m²) |
| Calle Alegría 4, 3º Izq. | Madrid | 58 |
| Calle Benimámet 29, 3º Izq. | Madrid | 56 |
| Calle Sierra Morena 4, 2º1 | Madrid | 54 |
| Avenida San Diego 47, 1º Izq. | Madrid | 33 |
| Calle Marineros 25, 1º Izq. | Madrid | 57 |
| Calle Las Marismas 57, 2ºC & Garage | Madrid | 82 |
| Calle Palomares 75, Esc. 1 3ºA | Madrid | 71 |
| Calle Mateo García 8, Bajo A | Madrid | 57 |
| Calle Decoradores 3, 1º1 | Madrid | 46 |
| Avenida Abrantes 92, 3ºB | Madrid | 86 |
| Calle Escalona 43, 3º Izq. | Madrid | 71 |
| Calle Madridejos 61, Bajo Dcha. | Madrid | 44 |
| Avenida del Metro 8 3ºB Attic. | El Campello (Alicante) | 90 |
| Calle Ascao 47, 2º B | Madrid | 50 |
| Plaza Miraflor 2, 9º A | Fuenlabrada (Madrid) | 69 |
| Calle Azcoitia 30, 4º C | Madrid | 55 |
| Calle Ferrocarril 22, Esc. 1, 1º 2 | Pinto (Madrid) | 70 |
| Calle San Basilio 10, Bajo Izq. | Madrid | 59 |
| Total | 1,108 | |
También te puede interesar
-
The Spanish REIT, Persépolis Investments, will stop trading in the BME Growth
-
DeA Capital & Harrison Street Acquire a 600 Flat Development as part of their BtR Joint Venture
-
CBRE IM Acquires Two Residential Projects In Barcelona from CULMIA
-
TPG reconsiders the sale of their REIT, Témpore Properties
-
Spanish Senior Living REIT buys Ciudad Patricia Senior Resort in Benidorm