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Israel’s IBI Investment Arrives in Spain Through Major Socimi

The Israeli giant IBI Investment is finalising its first real estate acquisition in Spain, which will be used to launch a socimi looking for a listing on Madrid’s Continuo.

IBI Investment

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.

Read the full article in Spanish

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