{"id":5235,"date":"2017-03-17T11:47:53","date_gmt":"2017-03-17T10:47:53","guid":{"rendered":"http:\/\/gesvalt.es\/?p=5235"},"modified":"2017-03-17T11:47:53","modified_gmt":"2017-03-17T10:47:53","slug":"ipo-of-socimis-advantages-tips-and-mistakes","status":"publish","type":"post","link":"https:\/\/gesvalt.es\/en\/blog\/salida-a-bolsa-de-las-socimi-ventajas-consejos-y-errores\/","title":{"rendered":"IPO of SOCIMIs: advantages, tips and pitfalls to avoid"},"content":{"rendered":"<p class=\"wp-block-paragraph\">The role of SOCIMIs is gaining more and more interest throughout Europe, where more and more conferences or events are being organised on this grouping of real estate assets for rent. There are a number of points to bear in mind for the IPO of SOCIMIs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The <a href=\"\/en\/?page_id=2415\">SOCIMI<\/a> are currently the most fashionable vehicle for investors, mainly due to the enormous advantages they offer in terms of taxation, structure and transparency:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Tax advantage:<\/strong> SOCIMIs pay zero percent corporate income tax, which is why foreign and domestic investors are increasingly relying on this type of company as a measure to take into account when taking their fortunes abroad.<\/li><li><strong>Efficiency advantage:<\/strong> Furthermore, once the SOCIMI is listed on the MAB (Mercado Alternativo Burs\u00e1til) or the Continuous Market, the sale and purchase of shares is flexible.<\/li><li><strong>Advantage in objectivity:<\/strong> Through a SOCIMI it is much easier to raise capital and partners.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Tips and pitfalls to avoid for the IPO of SOCIMIs<strong><br \/><\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Due Diligence:<\/strong> Prior to its IPO, a <a href=\"http:\/\/gesvalt.es\/en\/property-management\/due-diligence-estudios-viabilidad\/\">Due Diligence<\/a> tax, real estate and accounting of the SOCIMI. <a href=\"http:\/\/gesvalt.es\/en\/servicios-por-sector\/socimis-reits\/\">At Gesvalt, we specialise in consultancy and advice in this respect.<\/a>, We have become the Real Estate Advisor of reference for most of the SOCIMIs that are already consolidated in the market, or for many others that are in the process of being set up.<\/li><li><strong>Real estate consultancy: <\/strong>The role of the real estate advisor, in collaboration with the Registered Advisor, is essential before the SOCIMI is listed on the MAB or the Continuous Market. Failure to have expert advice could prove to be a blunder.<\/li><li><strong>Asset valuation: <\/strong>In order to gain the confidence of the regulator, investors and owners, the SOCIMI must undergo a valuation of all its assets, as well as the valuation of the company. The conclusions obtained from the work carried out by the real estate advisor are vital for making decisions regarding the SOCIMI's Business Plan or establishing the acquisition price.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Expertise and specialisation are key to the successful development of a SOCIMI. A good example is <a href=\"\/en\/?p=979\">Handley Investments<\/a>, Gesvalt's team has worked hand in hand with the company and our contribution was a guarantee of success.<\/p>","protected":false},"excerpt":{"rendered":"<p>The role of SOCIMIs is gaining more and more interest across Europe, where more and more conferences or events on this pooling of rental real estate assets are taking place.<\/p>","protected":false},"author":1,"featured_media":67221,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[54],"tags":[80,41,49],"class_list":["post-5235","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-socimi","tag-activos-inmobiliarios","tag-due-dilligenge","tag-inversion"],"acf":[],"_links":{"self":[{"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/posts\/5235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/comments?post=5235"}],"version-history":[{"count":0,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/posts\/5235\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/media\/67221"}],"wp:attachment":[{"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/media?parent=5235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/categories?post=5235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/tags?post=5235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}