A new international investment firm is finalising its first transaction in the Spanish real estate market. The IBI Lion socimi, an investment vehicle created just a few months ago, aims to create a large portfolio of non-residential rental assets.
The new vehicle is backed by the Israeli IBI Investment House Ltd, Israeli pension funds, an insurance company and private investors.
“IBI Lion Socimi is a Spanish REIT whose operations started in June 2021,″ Rafael Goldfeld, CEO of IBI Lion, explained to Brainsre.news. “The company’s objective is to invest in core-plus retail, office and logistics assets in the main cities of Spain. We are looking for stabilise assets with long leases and financially strong tenants,” he stressed.