Inbest Prime III Inmuebles SOCIMI SA is a Spanish listed real estate investment company specializing in the acquisition, active asset management, repositioning, and leasing of prime commercial and mixed-use real estate assets across major metropolitan markets in Spain. Founded in July 2017 and headquartered in Madrid, Spain, the company operates under the external management of Inbest Real Estate Management Partners, S.A., functioning within a syndicated family of listed investment vehicles that co-invest through operating holding subsidiaries such as Inbest Prime Assets, S.L. and Inbest Prime Assets II, S.L.
The company provides real estate investment and property management solutions structured across several core business activities and service categories: acquisition and ownership of high-street retail properties located in primary commercial corridors; development, refurbishment, and long-term leasing of large-scale flagship retail spaces tailored for multinational brands; value-add asset repositioning and architectural reconfiguration of prime commercial real estate; development and operational leasing of urban logistics hubs and last-mile distribution spaces designed for omnichannel retail; and long-term lease contract administration and property management services for tier-one institutional tenants, including major retailers such as Inditex and El Corte Inglés. Geographically, the company concentrates its investment and operating activities in Spain, with property holdings and co-investments located in Madrid, Valencia, Bilbao, and Las Palmas de Gran Canaria, notably including high-profile commercial space in landmark assets such as Edificio España in Madrid as well as prime high-street commercial premises on Calle Princesa.
In recent developments, Inbest Prime III Inmuebles SOCIMI SA has focused on asset optimization, portfolio stabilization, and corporate governance enhancements. The company completed governance renewals and the re-election of key governing bodies, including the reappointment of its board members and executive management under Chairman Francisco Javier Basagoiti Miranda. In alignment with the broader strategic evolution of the Inbest Real Estate platform—which has expanded its investment scope via strategic alliances such as Inbest GPF to target mixed-use, residential, and hospitality assets across Spain and Portugal—Inbest Prime III Inmuebles SOCIMI SA has maintained active operational management to secure long-term occupancy and cash-flow predictability across its core high-street retail assets, while continuing its listing on the BME Growth exchange and evaluating strategic capital allocation opportunities.