Ktesios SOCIMI successfully completes the purchase of nine assets in Murcia

The SOCIMI now has a diversified portfolio of more than 520 assets in 21 municipalities and 9 provinces.

Since the IPO of Ktesios in June 2021, the share value has appreciated by more than 18%, reaching a record price of 14.40 euros per share, and turnover has increased by 96%.

Ktesios, the leading SOCIMI in investment in affordable rental residential assets in non-prime areas, has announced the acquisition from Bankinter of nine assets, seven of which are residential properties, for more than 350,000 euros. The acquired assets are located in the municipalities of San Pedro de Pinatar and Fortuna, both in the Region of Murcia.

With this acquisition, Ktesios SOCIMI's asset portfolio now totals more than 520 properties and continues with its strategic plan to invest in affordable rental assets in non-prime areas of Spain.

"With this purchase, Ktesios SOCIMI, maintains and reinforces its strategic investment plan throughout the national territory, offering affordable rents in non-prime municipalities, with a favorable macro-economy. Ktesios continues with its organic growth plan, in order to dynamize the sector and become a reference within it.

Since the IPO of Ktesios in June 2021, listed on Euronext Lisbon, the share value has appreciated by more than 18%, reaching a record high of 14.40 euros per share, while revenue has increased by 96%. The investment vehicle offers a gross yield of more than 10%, well above comparable vehicles.

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About Ktesios SOCIMI

Founded in 2019, Ktesios is a purely residential SOCIMI specialized in the acquisition and management of assets in non-prime areas, offering affordable long-term rentals. In this way, Ktesios combines the trinomial of profitability, risk and social impact. The SOCIMI has a patrimonialist and prudent management approach, aimed at investors seeking stability with recurring returns. The SOCIMI currently has a diversified portfolio of more than 520 assets in more than 21 municipalities and 9 provinces. The SOCIMI is supported by an efficient delegated management through RKS-AM.

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