- CEO
- Francisco Luis Montoro Alemán
- Full Time Employees
- 203
- Sector
- Finance
- Industry
- Real estate development
- Address
- Luchana, 23 Madrid MA Spain 28010
- IPO Date
- Jul 29, 2016
- Business
- GMP Property SOCIMI, S.A. (YGMP.MC) operates as a leading Spanish real estate investment trust specializing in the acquisition, development, investment, and management of high-end office buildings, business parks, shopping centers, commercial premises, retail units, parking lots, industrial buildings, and logistics centers primarily in Spain; the company also engages in land acquisition and management, property promotion, residential tourism development, rental and sale of luxury villas, apartments and plots of land, provision of sports and leisure services including an 18-hole championship golf course and country club, operation of restaurants, flex living properties, and accommodation facilities. Founded in 1979 and headquartered at Luchana 23 in Madrid, GMP Property SOCIMI maintains a portfolio of 26 assets encompassing 516,137 square meters of offices, 72,023 square meters for future developments, 5,192 parking spaces, and one flex living property with 285 units, with operations focused on key markets including Madrid, Barcelona, Valencia, and Alicante through subsidiaries such as Inmoaccess SL, Renta Apartamentos SL, and Renta Gestion Fuencarral SL. Recent developments include the May 2023 acquisition of the MILE business campus in Barcelona's 22@ district—three office buildings totaling 37,860 square meters—via a joint venture with GIC in which GMP holds a 30% stake, achieving 85% occupancy by year-end; multiple significant lease agreements in 2023 and 2024 such as renewals with ADIF (10,308 m²), new contracts with BDO Auditores (1,536 m² at Génova 27 achieving 100% occupancy), RIC Energy (1,107 m²), OVH (639 m²), Ricardo Consulting (557 m² at Orense 34 achieving 100% occupancy), Saeta Yield (1,236 m²), and Hogan Lovells (4,632 m² at Castellana 77); sale of a residential plot in El Ejido; creation of Customer Management and ESG Management departments; and recognitions including WiredScore and SmartScore Platinum Certification at Oxxeo, Forbes Credit Suisse Sustainability Award, and AENOR audits.