- Business
- Veracruz Properties SOCIMI, S.A. is a Spain-based real estate investment trust specializing in the acquisition, development, active management, and long-term leasing of commercial, corporate, and specialized healthcare real estate assets. Founded in 2014 and headquartered in Gandia, Valencia, Spain, the company is listed on the BME Growth exchange under the ticker YVCP. Veracruz Properties operates across three principal business segments: Retail and Shopping Centers, comprising the ownership, space optimization, and commercial lease management of large-scale retail assets, including the Plaza Mayor Gandía shopping center in Gandia, the Plaza Mayor Xàtiva shopping center in Xàtiva, the Parque Comercial Parla Natura retail park in Parla, Madrid, and a controlling interest in the El Arcángel shopping center in Córdoba; Office Real Estate, encompassing the leasing and management of modern corporate office spaces and business park facilities, including properties within the Parque Empresarial Táctica in Paterna, prime office units on Calle Colón in Valencia, and the Edificio Amura office asset in Alcobendas, Madrid; and Healthcare Real Estate, focusing on specialized property leasing for elderly care infrastructure, consisting of three operational geriatric residences located across the Valencian Community, including facilities in Valencia and Torrent. Beyond leasing, the company provides end-to-end property commercialization, tenant relationship management, physical asset conditioning, infrastructure modernization, and value-enhancement services to domestic and multinational retail chains, corporate tenants, and healthcare operators throughout Spain. In recent developments, Veracruz Properties has advanced its portfolio diversification and capital optimization strategy, expanding its footprint in the Madrid office market through the acquisition of the Edificio Amura property, increasing overall portfolio occupancy to approximately 92 percent, and executing retail space remodeling projects to secure long-term tenant contracts. Additionally, the company integrated newly issued shares onto the BME Growth platform, reported solid revenue and double-digit net profit growth, approved interim dividend distributions to shareholders, and outlined continued investment plans to acquire high-yield commercial assets across high-growth Spanish metropolitan areas.