- Sector
- Finance
- Industry
- Real estate development
- Address
- Madrid Spain
- IPO Date
- Jul 3, 2019
- Business
- Trivium Real Estate Socimi, S.A. is a Spain-based real estate investment trust (SOCIMI) specializing in the acquisition, ownership, active asset management, and leasing of commercial retail real estate properties. Founded in 2018 and headquartered in Madrid, Spain, the company operates primarily through its wholly owned subsidiary, Iberian Assets, S.A. Trivium Real Estate Socimi holds and operates large-scale shopping and leisure destinations in northern Spain, encompassing a consolidated portfolio with a total gross lettable area (GLA) of approximately 116,765 square meters comprising 384 commercial units and 9,697 parking spaces.
The company offers real estate asset management and commercial property solutions, including the long-term and short-term leasing of retail premises, flagship fashion stores, anchor hypermarket spaces, and specialty retail shops; commercial leasing of food and beverage units, dining facilities, and food courts; leasing of entertainment, leisure, and multiplex cinema venues; commercialization and licensing of common-area kiosks, promotional spaces, and pop-up locations; leasing and administration of structured multi-story and surface parking facilities; full-service property operations, tenant relations, and facility management executed in partnership with Sierra Spain Real Estate Services S.A. (Sonae Sierra); and capital improvement, refurbishment, and asset repositioning programs designed to optimize occupancy rates and retail tenant mix. Its property portfolio comprises three established regional retail centers: the GranCasa shopping center in Zaragoza (Aragon), the Max Center and Max Ocio shopping complex in Barakaldo (Bizkaia, Basque Country), and the Valle Real shopping center in Camargo (Cantabria).
In recent developments, Trivium Real Estate Socimi has focused on active portfolio management and regular shareholder value distributions. The company executed substantial capital returns to investors, including the approval of a 1.90 million euro cash distribution from free-disposable share premium reserves in September 2025, alongside prior dividend payouts including an interim dividend of 3.856 million euros (0.765 euros per share) declared in late 2024. Operationally, Trivium Real Estate Socimi continues its strategic property management partnership with Sonae Sierra to implement ongoing commercial re-leasing initiatives, energy efficiency upgrades, and unit reconfiguration projects across the GranCasa, Max Center, and Valle Real centers. The company trades on the BME Growth segment of the Spanish Stock Exchange under the ticker symbol YTRI, with its primary shareholding structure anchored by Armati Limited and Sierra Iberian Assets Holding S.A.U.