Mistral Iberia Real Estate SOCIMI II SA
BBME:SCMIB1.58
EUR
0.00
(0.00%)
ISIN
ES0105813002
Return %
Stock
S&P 500
1Y
-15.96
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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FRC
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in mil. unless spec.Company Description
- Sector
- Finance
- Industry
- Real estate development
- Address
- Madrid Spain
- Website
- mistraliberiarealestate2.com
- Similar Companies
- Business
- Mistral Iberia Real Estate SOCIMI II SA is a Spain-based real estate investment trust specializing in the acquisition, development, active asset management, and leasing of urban residential real estate properties. Founded in 2020 and headquartered in Madrid, Spain, the company operates within the real estate investment and property management sector, targeting multi-family residential assets in high-demand central urban areas. The company conducts its principal operations through its wholly owned subsidiary, Edificio Barceló 5, S.L.U., which holds and oversees prime residential assets located in Madrid. Mistral Iberia Real Estate SOCIMI II SA provides a structured range of real estate services and operations, including: Urban Residential Property Leasing, comprising long-term residential unit rentals, tenant management, and occupancy optimization for multi-family assets; Real Estate Asset Management and Maintenance, encompassing building upkeep, property administration, facility management, and lease contract administration; and Real Estate Investment and Value Enhancement, including opportunistic asset acquisitions, property refurbishments, portfolio repositioning, and selective individual unit divestments designed to generate recurring rental income and capital appreciation. In major corporate and operational developments, Mistral Iberia Real Estate SOCIMI II SA completed its public listing on the BME Scaleup market under the ticker symbol SCMIB in July 2024 at an initial reference price of 1.88 euros per share, representing an initial market capitalization of approximately 9.5 million euros with ARMABEX serving as its registered advisor. Furthermore, the company has executed a strategic asset rotation and balance sheet optimization program, including the divestment of individual residential units from its Calle Barceló 5 asset in Madrid for a total consideration of 2.13 million euros, allocating approximately 750,000 euros of the sale proceeds to cancel associated mortgage debt and improve corporate liquidity.