NORDESTE PROPERTIES SOCIMI, S.A.

NORDESTE PROPERTIES SOCIMI, S.A.

BBME:SCHST
11.80
EUR
0.00
(0.00%)
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Capital Structure

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Working Capital

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Growth Rates

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Semi-annual Revenue

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Semi-annual Earnings Per Share

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Semi-annual Dividends Per Share

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Company Description

Full Time Employees
8
Sector
Finance
Industry
Real estate development
Address
Madrid Spain
IPO Date
May 31, 2024
Business
Nordeste Properties SOCIMI, S.A. is a Spain-based real estate investment trust (REIT) specializing in the acquisition, development, active asset management, and leasing of prime real estate assets, with a primary strategic focus on the hospitality sector across Spain. Founded in 2017 and headquartered in Madrid, Spain, the company operates under the Spanish SOCIMI regulatory framework and trades on the BME Growth market under the ticker symbol SCHST. The company's core business activities and property offerings encompass the long-term commercial leasing of four-star and five-star luxury hotel assets; urban corporate hotel properties; prime coastal and mountain resort facilities; commercial and retail unit leasing; residential property management; and real estate refurbishment, modernization, and repositioning services. Its property portfolio comprises flagship hotel assets located in key Spanish tourism and metropolitan centers, including Madrid, Barcelona, Valencia, Palma de Mallorca, Santander, Granada, Murcia, and Baqueira Beret, predominantly operated by recognized hospitality brands such as Hoteles Santos. In recent developments, Nordeste Properties SOCIMI has advanced capital expenditure and energy efficiency modernization programs across its key hotel holdings to elevate sustainability standards and asset values; finalized debt refinancing and credit facility optimizations to strengthen long-term liquidity; restructured lease arrangements with operating partners to capture post-pandemic leisure and business travel growth; and maintained structured dividend payouts under its regulatory regime.