- CEO
- Luis Alfonso Lopez de Herrera-Oria
- Full Time Employees
- 9
- Sector
- Real Estate
- Industry
- REIT - Office
- Address
- Torre Serrano Building Madrid Spain 28001
- IPO Date
- Oct 23, 2018
- Business
- Árima Real Estate SOCIMI, S.A. is a Spanish real estate investment company primarily engaged in the acquisition, refurbishment, and leasing of urban properties, focusing mainly on office spaces in Madrid. Founded in 2018 and headquartered in Madrid, Árima operates as a SOCIMI (Spanish Real Estate Investment Trust), with its portfolio comprising predominantly office buildings and a logistic warehouse, all located in the Madrid region. The company’s core activities include property leasing and asset management, aiming to maximize returns while ensuring sustainability standards such as LEED, BREEAM, and WELL certifications, and holding the unique distinction of being certified by the Royal Institution of Chartered Surveyors (RICS) in Spain. Árima’s property portfolio has a gross leasable area exceeding 100,000 square meters with a valuation around 382 million euros.
In recent major developments, Árima completed a significant merger by absorption with JSS Real Estate SOCIMI, S.A., which was approved in late 2025, streamlining its corporate structure and consolidating asset management under one entity to enhance operational and financial synergies. This strategic integration strengthens Árima’s access to capital markets and its portfolio management capabilities. Additionally, Árima has engaged in substantial capital increases, including a 150 million euro share capital increase, and secured a €37 million green finance agreement for its Pradillo prime office project in Madrid. The company also finalized the acquisition of the Sonae Spain headquarters and has undertaken a reorganization to optimize its capital structure with transactions valued at approximately 286 million euros. Árima continues to actively manage its real estate assets, including recent property sales and acquisitions, maintaining its strategic focus on high-quality office spaces in the Madrid market.
Árima operates with an internally dedicated management team led by Chairman Luis María Arredondo and CEO Luis López de Herrera-Oria, bringing extensive experience within the Spanish real estate sector. The company targets institutional and corporate tenants seeking premium office environments and sustainable building standards. Árima’s activities are regulated by Spanish SOCIMI legislation, and it is listed on the Madrid Stock Exchange, offering investors exposure to a robust portfolio of urban commercial properties in Spain’s capital region. The recent merger and capital structure optimization position Árima as a strengthened player in the Spanish office market with a clear growth and sustainability strategy.