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Arima Real Estate SOCIMI SA has signed a 15-year lease agreement with ICEX for the latter's new headquarters in Spain. The long-term contract strengthens Arima's rental income visibility and aligns with its focus on leasing office assets to institutional and public-sector tenants. ICEX, Spain's trade and investment promotion agency, will use the property as its consolidated headquarters. While financial details were not shared, the agreement highlights sustained demand for quality office space from government-linked organisations.
Arima Real Estate SOCIMI SA has entered into a long-term leasing agreement with ICEX, strengthening the occupancy profile of its Spanish office portfolio. The company confirmed that it has signed a 15-year lease contract with ICEX for its new headquarters building in Spain. Advertisement
The agreement provides ICEX with a consolidated headquarters location and ensures stable rental income for Arima Real Estate over a long tenure. ICEX, Spain's public institution responsible for supporting international trade and investment, will occupy the property as part of its operational expansion and consolidation strategy.
For Arima Real Estate, the lease aligns with its strategy of securing long-duration contracts with high-credit tenants, particularly public-sector and institutional occupiers. The company has historically focused on prime office assets in Madrid and has prioritised long-term visibility of cash flows through extended lease tenures.
The transaction reflects continued demand for well-located, modern office space in Spain, especially from government-backed organisations seeking stable and efficient workspaces. No financial terms of the lease were disclosed by the company.
Source Reuters
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