• The REIT will start trading with a starting price of €15.40 per share and a valuation of €556 million
  • SILICIUS’ shares would be traded in BME MTF Equity’s BME GROWTH segment with trading code “YSIL”
  • The company’s objective is to give continuity to its Strategic growth and diversification Plan

Madrid, September 21, 2021SILICIUS Real Estate, SOCIMI (Spanish REIT) specialized in the management of long-term properties with stable income, has obtained the favorable report from the Board of Directors of Bolsas y Mercados Españoles (BME) to start trading next Thursday, September 23, on BME Growth.

Once concluded the analysis of the information submitted by SILICIUS, BME has issued a favourable assessment report on compliance with the incorporation requirements in BME Growth’s BME MTF Equity trading segment. The company’s objective is to comply with its Strategic Plan focused on the growth and diversification of its assets.

The company will celebrate this Thursday the traditional bell ringing on the Madrid Stock Exchange with a starting price of €15.40 per share for a total valuation of €556 million.

The company has had as advisors Renta4 as Registered Advisor and Liquidity Provider, Deloitte as Tax, Legal and Financial Advisor and PWC as Auditor.

The Managing Director of SILICIUS, Juan Diaz de Bustamante, stressed that “the IPO of SILICIUS is a very important milestone for the company. Listing on the Stock Exchange will allow us to increase our visibility to customers, shareholders and investors, and strengthen our position as reference players in the sector”. “Likewise, being listed on BME Growth offers us a series of advantages, especially in those related to the possibility of raising funds to undertake projects that require a particular financial effort,” concluded the company Director.

Until June 30, SILICIUS had exceeded its growth expectations, closing the first half of 2021 with a total of 45 assets in the portfolio and a Gross Asset Value of €715 million. It is a portfolio of high quality assets with high levels of diversification by type, income and location.

SILICIUS’ active management and marketing strategy is aimed at obtaining long-term leases with solvent tenants in order to guarantee high occupancy levels, generating stable and sustained cash flow. In this sense, the company has a management team with extensive experience in the Spanish Real Estate sector, focused on identifying investment opportunities adapted to SILICIUS’ investment strategy.

This growth has been possible thanks to different monetary and non-monetary contributions from institutional shareholders, business groups and Family Offices that have joined the SILICIUS project and are now part of its shareholding.

Despite the COVID-19 pandemic, SILICIUS has exceeded its growth expectations in recent months. In addition to the various contributions, SILICIUS has improved the diversification of its assets by locations and typologies and has reached an occupancy rate above 92%, with 300 new tenants.