Madrid, June 15, 2023 - RKS Asset Management, the pioneering residential servicer in the integrated management of real estate assets in non-prime areas , announces that it has surpassed 1,500 assets under management, including 800 homes. The company expects to double this figure in the next six months to close the year with 3,000 assets and reach 5,000 assets by 2025.
With a presence in 52 municipalities throughout the country and a 95% occupancy rate, RKS Asset Management currently has more than 1.7 million euros in assets under management. The company expects to double this figure to 2.75 billion by 2025.
Looking ahead to 2025, RKS AM has identified the pillars that will allow it to maintain its leadership position in the residential sector in non-prime areas. RKS AM will remain committed to offering the highest quality of service while continuing to identify business opportunities in order to continue offering its proven expertise in territories of forgotten Spain. In turn, the company will continue to grow relying on the extensive experience of a consolidated team with a solid track-record in wealth management, property management, capital markets, real estate and financial markets.
Luis Martín Guirado, CEO of RKS AM, says: "At RKS AM we want to be the servicer of the forgotten Spain and partner with funds and owners who have invested or want to invest in non-prime locations to take advantage of the great potential of this segment. The rental housing market outside the big cities offers high returns, but requires specific knowledge and high value-added management due to its different characteristics from the prime market".
RKS Asset Management was created in 2015 and has established itself as a specialized and pioneering full-service residential rental and asset manager in non-prime areas for wealth and institutional clients. Its strategies encompass the entire real estate investment cycle, maximizing the value of assets, with agile and transparent management. The company manages a portfolio of more than 800 homes with 90% occupancy.
AboutRKS Asset Management
Foundedin 2015, RKS-AM is the pioneering residential servicer in the comprehensive management of real estate assets in non-prime areas. The company has a portfolio under management of more than 800 homes in 52 municipalities in 14 provinces and a 90% occupancy rate. The company manages, among others, the assets of Ktesios SOCIMI and the Luxembourg investment fund RKS Real Estate.
RKS-AM has an experienced team of professionals, with capillarity and local knowledge specialized in the real estate sector, providing comprehensive property and asset management services to large asset management and institutional companies.
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