Mostly focused on Asset investment, with high percentage of the company’s Real Estate (RE) assets value located in prime locations downtown Madrid:
Other RE assets located outside the Madrid metropolitan area in Alcázar de San Juan, province of Ciudad Real.
The total Real Estate invested area is of 6,999 sqm; being its RE use: residential (approx. 54%), office (approx. 17%) and commercial (approx.29%), having been fully leased since the creation of the company.
Our management philosophy at Apodaca Inversiones Inmobiliarias is based on the control of the administration expenses, in such a way that they are at the lowest possible level relative to the company’s income without jeopardizing its operation and efficiency; though, allowing the possibility of incorporating new assets in the future while keeping the current cost structure.
Our financial and investment policy provides us with a robust position, with low leverage and prudent policy for new investments with a minimum payout of 80%.
This principle of financial prudence policy will remain when assessing new assets acquisitions, which, if carried out, would be in line with existing ones.