The president of the Socimi All Iron resigns — idealista/news

by time news

2024-01-19 12:55:26

The president of the Socimi All Iron, Pedro Luis Michelena, has resigned from his position, also leaving the board of directors of the companyas reported by the company to BME Growth, an alternative market in which it has been listed since 2020.

Company sources have explained to the Europa Press agency that this decision is motivated by a personal decision that aims Focus on your other businesses.

In the statement, the company highlights that Michelena has held her position since 2019, “having successfully contributed to the growth and consolidation of the project.” At the same time, he takes the opportunity to thank “her invaluable contribution over all these years” and wish her “the best.”

The Socimi was promoted by his son Ander Michelena and Jon Uriarte, who sold Ticketbis to Ebay in 2016. In the first half of 2023, it obtained a net profit of 6.9 million euros, in line with the result of the previous year (+1.6%) and after increasing its income by 19%, to 2.1 million of euros.

The value of its portfolio amounted to 252.6 million euros at the end of June last year, the result of the two appraisals carried out by the consulting firms Savills Aguirre Newman and Gloval Valuation, after choosing the lowest valuation in both cases.

Its assets are divided into 1,156 units, equivalent to 1,105 apartments and 51 hostel rooms (lodges) with 270 beds., including the asset in Madrid Almagro (17 apartments). In total, 19 properties with a constructed area of ​​99,730 m2.

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