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Round Robin Becomes a Socimi & Aspires to Grow its Portfolio to 150 Assets by 2024

The firm will invest approximately 10 million euros to achieve a portfolio of 150 assets by 2024.

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Round Robin is changing its format. The company, which focuses on acquiring assets through auctions to later put them up for sale and rent, is beginning a new era. The firm directed by Guillermo García-Mauriño has just been formalised as a Socimi and has already announced that it will invest approximately 10 million euros over the next two years with the aim of achieving a portfolio of 150 assets, according to Eje Prime.

Round Robin’s plan is to optimise its portfolio: it currently has 60 assets in the Spanish capital and intends to divest those that are achieving the lowest returns to create a portfolio comprising 80% rental units with a return of between 7% and 8%.

Read the full article in Spanish.

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