Company Profile
ADVERO Properties Socimi S.A. was established in August 2017 with a strong commitment: to increase the offer of quality rental housing in middle-income areas in Spain.
ADVERO was born in response to the socio-economic change in recent years, which has generated a significant increase in the demand for rental housing compared to the traditional model of property ownership.
At the time of joining BME Growth, ADVERO's portfolio consisted of five buildings with a total of 76 flats, located in municipalities in the first beltway of Barcelona. Subsequently, the company has continued its growth in other regions of Spain such as Madrid, Malaga and Cordoba. At the beginning of 2024, the company has 25 residential buildings with a total of 402 homes.
The properties within ADVERO’s portfolio have an average age of less than fifteen years and top quality finishings. The company maintains total control over the buildings, which in turn facilitates the creation of a cohesive community of residents and the offer of additional services that are adapted to the tenants’ needs and purchasing power.
The focus in middle-income areas allows ADVERO to provide a highly suitable investment vehicle for investors interested in hedging inflation long term through investing in a highly resilient real estate segment .
Pau Corbera, Chairman: “ADVERO’s mission is to be one of the players that facilitates the creation of a professional and sustainable residential rental market in Spain, in line with what already exists in many other countries.”
BME Growth
