Report

With a more favourable environment, AXIARE PATRIMONIO SOCIMI improves to Positive

AXIARE PATRIMONIO SOCIMI (ES), a company active in the Real Estate Investment Trusts industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, defensive market behaviour. The title leverages a more favourable environment and raises its general evaluation to Positive. As of the analysis date May 15, 2018, the closing price was EUR 17.44 and its potential was estimated at EUR 19.02.
Underlying
Axiare Patrimonio SOCIMI SA

Axiare Patrimonio SOCIMI SA, formerly known as Axia Real Estate SOCIMI SA, is a Spain-based company engaged in the management of commercial real estate investment trust (REIT). The Company focuses on acquisition, development and leasing of urban properties, as well as on owning interest in entities involved in real estate sector. Its activities are divided into three segments: Offices, Logistics and Retail. The Offices division is responsible for managing buildings used for business purposes that are located in Madrid and Barcelona. The Logistics segment includes administration of logistics platforms in industrial parks. The Retail area is active in the operation of shopping malls and multiline department stores. Its real estate portfolio comprises Planetocio, Les Gavarres, Francisca Delgado and Manuel de Falla offices, as well as Constanti and Camarma de Esteruelas logistics parks, among others.

Provider
TheScreener
TheScreener

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