“We are proud to share with you that our client KTESIOS REAL ESTATE SOCIMI, S.A., is today listed on one of the most promising alternative markets in the Real Estate landscape, Euronext Access Lisbon.
Thomas de Carranza Abogados has been appointed as the legal advisor for the IPO process, as well as accompanying the company in the management of the Secretariat of the Board of Directors. The IPO process has been led by our Partner Iñigo Sánchez del Campo Basagoiti and our Associate Maria García Aguado.
Ktesios was incorporated with an unequivocal aim: to comply with the requirements established in Law 11/2009, of 26 October, which regulates Listed Real Estate Investment Companies (Sociedades Anónimas Cotizadas de Inversión en el Mercado Inmobiliario). It is defined as a real estate investment company specialising in the acquisition and management of residential assets for leasing.
Its mission is to offer a unique and alternative project in the field of residential rental, in order to become the benchmark landlord of a permanent home, aimed at the working family. The company follows a strategy of investing in residential properties in peripheral areas of Madrid for rental to families. This generates recurring income which is the basis of the company’s value growth. Ktesios’ portfolio is distributed across municipalities in central Spain (provinces of Toledo and Ciudad Real), southern Spain (province of Cadiz) and south-eastern Spain (Murcia). Its strategy is to continue investing in Spain, but also to start acquiring assets in Portugal in the future.
Congratulations Ktesios family. If you give up when the going gets tough, you will never achieve anything extraordinary”.
Clic here to follow the openning bell ceremony: Opening Bell Ceremony KTESIOS (royalcast.com)
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