Iniciativas Faro 2024 SOCIMI, S.A.

Iniciativas Faro 2024 SOCIMI, S.A.

BBME:SCFRS
1.83
EUR
0.00
(0.00%)
No data availableFinancial data will appear here once available

Capital Structure

FRC

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in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

Sector
Finance
Industry
Real estate development
Address
Madrid Spain
Business
Iniciativas Faro 2024 SOCIMI, S.A. is a Spain-based real estate investment trust specializing in the acquisition, management, and leasing of urban real estate assets. The company operates primarily through the investment in and administration of income-generating properties, offering real estate solutions across multiple segments, including residential rental properties; commercial real estate and retail premises; office buildings; logistics and storage facilities; and associated parking spaces. Under the Spanish SOCIMI regulatory and fiscal framework, the firm focuses on the long-term holding and leasing of urban properties to generate recurring rental yields and capital appreciation. In recent developments, the company executed its listing on the BME Scaleup market under the ticker symbol SCFRS, completed strategic capital increases to expand its investment capacity, and acquired additional real estate assets to strengthen its urban rental portfolio across Spanish metropolitan areas. Founded in 2024, Iniciativas Faro 2024 SOCIMI, S.A. is headquartered in Madrid, Spain.