Miciso Real Estate SOCIMI SA is a Spain-based real estate investment trust (Sociedad Anónima Cotizada de Inversión en el Mercado Inmobiliario) engaged in the acquisition, development, refurbishment, and long-term lease management of urban real estate assets. Founded in November 2022 and headquartered in Madrid, Spain, the company trades on the BME Growth market under the ticker symbol YMCS. The firm operates primarily in the Spanish real estate sector with an operational focus on the Madrid metropolitan area, targeting residential tenants as well as commercial retail operators. Miciso Real Estate SOCIMI SA organizes its business activities into systematic property and service offerings, which include: residential property leasing, comprising multi-family apartment buildings and residential units designated for long-term and medium-term rental; commercial real estate leasing, encompassing street-level retail units and commercial spaces leased to corporate tenants; real estate asset repositioning and renovation, involving the purchase of underperforming urban assets and executing comprehensive architectural and energy-efficiency refurbishments to optimize rental yields; property and tenant management services, including lease administration, regular maintenance, tenant onboarding, and regulatory compliance under the Spanish SOCIMI framework; and strategic land acquisition and promotion for urban residential development. In recent corporate and operational developments, the company has actively scaled its property portfolio and equity capitalization. In March 2026, Miciso Real Estate SOCIMI agreed to acquire a portfolio of 10 residential units in the Sanchinarro neighborhood of Madrid to expand its flexible and medium-term rental capacity. In May 2025, the company acquired a newly constructed residential building on Calle García Luna in the Ciudad Jardín district of Madrid for 5.3 million euros. The company also diversified its commercial asset base through the 2.31 million euro acquisition of a supermarket premises located in Madrid's Latina district leased to the Dia grocery retail chain. To support this asset acquisition program and meet statutory SOCIMI equity requirements, the company carried out multiple capital increases, including the admission of 2,000,000 newly issued shares to trading on BME Growth following a cash capital increase in April 2024, followed by a subsequent share capital expansion in mid-2025.