Árima Real Estate SOCIMI, S.A. (ARM)

Profile

https://www.arimainmo.com

Árima Real Estate SOCIMI, S.A. is a Spanish real estate investment company operating as a SOCIMI, a publicly listed vehicle dedicated to property acquisition, development, and leasing. Founded in 2018 and headquartered in Madrid, it focuses primarily on high-quality office properties in prime locations such as central Madrid and Barcelona, with secondary exposure to logistics facilities. The company acquires urban real estate assets, rehabilitates buildings to enhance value, and leases them to generate stable rental income, as evidenced by sales growth from offices (EUR 4.44 million in 2020 to EUR 7.85 million in 2023) and logistics. Managed by an experienced internal team led by Chairman Luis María Arredondo and CEO Luis López de Herrera-Oria, it benefits from the legacy of the Axiare Patrimonio SOCIMI success. Notable features include a commitment to sustainability through LEED, BREEAM, and WELL certifications, portfolio turnover strategies like the EUR 15 million sale of an office building, and a robust financial position with low leverage. With 9 employees and major shareholders including JSS Real Estate SOCIMI (51%), it plays a key role in Spain's commercial REIT sector, emphasizing value-add opportunities in office markets.