Ktesios Real Estate Socimi SA
BBME:YKTS21.20
EUR
0.00
(0.00%)
ISIN
ES0105536009
Return %
Stock
S&P 500
1Y
19.77
14.20
3Y
36.77
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Working Capital
EUR
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in mil. unless spec.Growth Rates
EUR
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in mil. unless spec.Semi-annual Revenue
EUR
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
EUR
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in mil. unless spec.Company Description
- CEO
- Henry Noel Gallego Grajales
- Sector
- Finance
- Industry
- Real estate development
- Address
- Madrid Spain
- IPO Date
- May 4, 2023
- Website
- ktesios-socimi.es
- Similar Companies
- Business
- Ktesios Real Estate Socimi SA is a Spain-based real estate investment trust (SOCIMI) specializing in the acquisition, refurbishment, asset management, and leasing of affordable residential properties located in secondary and peripheral municipalities across Spain. The company operates through its residential real estate investment and property management segment, offering a diversified portfolio of real estate assets and associated services, including: affordable residential rental units comprising multi-family apartment buildings and single-family dwellings targeted at working-class and middle-income tenants; complementary commercial real estate units, consisting of street-level retail premises, parking garages, and private storage units integrated within its residential developments; property acquisition and asset repositioning services, focusing on purchasing discounted, bank-owned, or non-performing residential assets and executing value-add refurbishments to return them to the active rental market; comprehensive property and tenant management services, including tenant vetting, lease underwriting, rental collection, default prevention, and tenant retention management; and technical asset maintenance, regulatory compliance oversight, and property modernization programs. Founded in 2019, Ktesios Real Estate Socimi SA is headquartered in Madrid, Spain, and directs its investment strategy toward non-prime micro-locations, peri-urban zones, and secondary towns across autonomous communities such as Castile-La Mancha, the Community of Madrid, Andalusia, Castile and León, and Murcia, operating under the management of RKS Asset Management. In recent corporate developments, Ktesios Real Estate Socimi SA has significantly scaled its operational footprint through transformative mergers, strategic portfolio acquisitions, and capital-raising initiatives. The company executed and completed a voluntary takeover bid for Quid Pro Quo Alquiler Seguro SOCIMI, S.A. (QPQ), integrating QPQ's residential portfolio into its existing balance sheet to expand its asset base, increase total residential units under management, and achieve broader geographical dispersion throughout Spain. To support this growth trajectory, Ktesios completed successive capital increase rounds with institutional and private investors and secured structured debt financing facilities to fund pipeline property purchases, specifically targeting granular residential portfolios and unfinished developments. Furthermore, the company listed its shares on the BME Growth market under the ticker symbol YKTS, strengthening its liquidity and capital markets profile, while advancing portfolio sustainability programs focused on energy-efficiency improvements and digital lease management platforms across its national housing portfolio.