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Apodaca Inversiones Inmobiliarias SOCIMI SA ( (FR:MLASO) ) just unveiled an update.
Apodaca Inversiones Inmobiliarias SOCIMI has acquired a four-storey building at 85 Capitán Blanco Argibay Street in Madrid, comprising eight residential units and one industrial unit. The €2.3 million purchase has been fully paid and will be added to the company’s rental portfolio for residential leasing.
The transaction reinforces the company’s strategy of expanding its income-generating residential assets in Madrid’s rental market. By integrating this mixed-use property into its portfolio under its existing management approach, Apodaca aims to strengthen its recurring rental revenues and consolidate its position in the local residential leasing segment.
More about Apodaca Inversiones Inmobiliarias SOCIMI SA
Apodaca Inversiones Inmobiliarias SOCIMI, S.A. is a Spanish real estate investment company focused on building and managing a rental property portfolio. Operating primarily in Madrid, it targets residential assets and related units, aligning its strategy with long-term leasing and income generation from urban rental markets.
Current Market Cap: €37.62M
Find detailed analytics on MLASO stock on TipRanks’ Stock Analysis page.