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Silicius Ends September with a €22 Million Increase in Rental Income & 29 New Rental Contracts

The Socimi has improved its global figures for the first nine months of the year across its residential and hotel segments.

Hotel Teatro Albeniz Silicius UMusic 1024x990 1

The Socimi Silicius Real Estate is ending the year on a high thanks to its strong performance during the first part of the year. It has increased its net income during the first nine months of 2022 to reach 22.3 million euros.

Both the hotel and residential arms of its business have generated returns and the firm is keen to highlight the increase its business in like-for-like terms. In turn, the company has intensified its commercial activity by signing 29 new rental contracts.

Read the full article in Spanish.

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