«SOCIMI» is «socimi», but not «Socimi»

by time news

2023-09-13 10:11:53

The acronym of listed investment company in the real estate market It can be written ASSOCIATESas an acronymo friendsas a common name entirely in lowercasebut the spelling is not appropriate Friends.

In Spain, this type of company has as its main activity the investment in real estate assets of an urban nature for rent, and are cited in financial news in various ways: “The SOCIMIS that are being created in Spain seek tax advantages”, “The SOCIMIs were born in 2009 with the aim of energizing and professionalizing the real estate market » or «He stated that SOCIMIs have contributed positively to maintaining and reorganizing the weight and value of real estate activities in the Spanish economy

According to the Spelling of the Spanish language, acronyms that are not spelled, but rather allow them to be read like any other word, can be lexicalized. In such cases, they are written only with a capital initial if it is a proper name (usually if they have more than four letters, such as Fundéu) and entirely lowercase if it is a common noun (such as opa).

Given that a SOCIMI generically designates a type of company, the graphics Friends (as if the proper name of a specific entity were being mentioned) Is not suitable. For this same reason, it is appropriate to write its development in lowercase letters: listed investment company in the real estate market.

With respect to pluralif you choose to keep the acronym, the number is marked by the article that precedes it: SOCIMIsno the SOCIMIS; while, if it is written entirely in lower caseif one is added: partners.

Thus, in the previous examples it would have been advisable to write “The SOCIMIs that are being created in Spain seek tax advantages”, “The SOCIMIs were born in 2009 with the aim of energizing and professionalizing the real estate market” and “He stated that the SOCIMI have contributed positively to maintaining and reorganizing the weight and value of real estate activities in the Spanish economy.

#SOCIMI #socimi #Socimi

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