The stock market value of the 112 Spanish Socimis stood at 23.5 billion euros in September 2022, which represents a fall of 1.4% compared to the end of 2021 and a decrease of 5.5% compared to December 2019, just before the start of the coronavirus pandemic, according to a report compiled by the real estate consultancy JLL.
However, it should be noted that the Spanish Socimi market has experienced tremendous growth and development since its inception a decade ago, contributing to the revitalisation and professionalisation of the real estate market. Specifically, at the end of September 2022, a total of 112 Socimis were listed on the stock market in Spain, compared to only three vehicles in 2013.
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