Alquiler Seguro’s Socimi Makes Its First Purchases

23 January 2017 – El Mundo

The Socimi Quid Pro Quo Alquiler Seguro Socimi, constituted last September by the company Alquiler Seguro, has just announced its first capital increase and the completion of its first home purchases.

QPQ Alquiler Seguro Socimi was the first Socimi constituted in Spain to specialise in rental homes.

Antonio Carroza, CEO at Alquiler Seguro, explains that during 2017, the new company is going to focus on “securing investors to undertake several capital increases and to continue buying properties”. According to Carroza, at the end of the year, the company will decide “whether to debut on the MAB or on the main stock market”.

The Socimi’s aims are ambitious. According to comments made by company’s Chairman, Gustavo Rossi, to this newspaper in July, “the business plan involves raising €500 million over a five year period and for the company to own around 6,000 homes”.

Original story: El Mundo

Translation: Carmel Drake