Olimpo Retail Germany, Socimi

Olimpo Retail Germany, S.A. (ORES Alemania) is a Spanish BME Scaleup company whose main business is the acquisition and management of commercial real estate assets in Germany. ORES Germany was founded in November 2023 with an investment strategy based on investing in an identified portfolio of 8 large food, DIY and household retail stores in Germany. The portfolio was selected asset by asset by the local Sonae Sierra team based on criteria including attractive entry prices, established locations and long-term leases with strong tenants in the most relevant retail sub-sectors in Germany. Sonae Sierra acts as real estate administrator of the company, and the company is sponsored and managed by Bankinter and Sonae Sierra.

ORES Germany was founded in November 2023 with an investment strategy based on investing in an identified portfolio of 8 large food, DIY and household retail stores in Germany. This portfolio was selected asset by asset by the local Sonae Sierra team based on criteria including attractive entry prices, established locations and long-term leases with strong tenants in the most relevant retail sub-sectors in Germany. Sonae Sierra, described as a multinational company operating in an integrated manner in the real estate sector with over 35 years' experience, will be the real estate administrator of the company. The main objective of ORES Alemania is to generate value for its clients through the long-term management of commercial real estate assets, using the knowledge and experience of its administrators Bankinter and Sonae Sierra.

Long-term management of commercial real estate assets in Germany, aiming to generate value for its clients.

1. 1Ores Germany - Ores Germanyores-germany.com
2. 2Olimpo Retail Germany, Socimiwikidata.org