Ceberus has reached an agreement to buy a 92.88% stake of Spanish REIT Optimum RE Spain SOCIMI, S.A.

25 February 2022

Arcano acted as a sole financial advisor to BMB Cap in the sale of a majority stake of the Company.

Company:

Optimum RE Spain SOCIMI

Transaction:

Sale

Sector:

Building & Real estate

Date:

September 15 2019

Country:

Spain

Activity:

Real Estate

Optimum Real Estate, a Spanish REIT managed by BMB Cap, has been acquired by Cerberus Capital, a US investment firm with a consolidated presence in the real estate sector in Spain.

Optimum RE was set up in 2014 and listed on the Alternative Stock Market (MAB) since 2016. The company has a solid track record in the purchase and active management of real estate assets.

Optimum RE owns 15 residential buildings in Barcelona and 1 in Madrid. The portfolio is managed under a rental agreement model and the assets are located in some of the most iconic streets of Barcelona (Gran Vía, Boquería, Consell de Cent, etc.).

Arcano acted as sole financial advisor to BMB Cap (on behalf of Optimum RE’s shareholders), in the sale of a majority stake in the company to Cerberus Capital.

 

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