MERIDIA RE IV SOCIMI, S.A.U. is a SOCIMI (equivalent to a Spanish REIT) was launched in 2019 by the alternative investment fund manager Meridia Capital Partners SGEIC, SA. Meridia IV is a €251.5m real estate vehicle with an investment capacity of over c.€500m. It targets all commercial real estate segments in Madrid and Barcelona (Spain), with an opportunistic small allocation to Portugal (Lisbon) with a focus on value add projects.
Regulated by the CNMV (Spanish Securities Market Commission) and with 15 years of proven experience in the real estate sector, Meridia Capital Partners SGEIC, S.A. is an independent fund manager managing assets of c.€1bn. Meridia has consolidated as one of the leading alternative investment fund managers in Spain.
MERIDIA RE IV SOCIMI is governed by a Board of Directors (3 members) with extensive and proven experience in real estate in both Spanish and foreign property markets:
MADRID
In December 2021 we acquired an office building located in Madbit district, the innovation and technological hub of Madrid. With this deal Meridia continues to further consolidate its position in one of the most demanded capital areas where it already has a strong presence. The asset has a total surface of 20.188 sqm and 180 parking spaces. Meridia plans to execute diverse refurbishment actions to improve and reposition the asset.
SPAIN
Meridia has partnered with B&B HOTELS group to develop a platform of budget hotels with high ESG standards in Spain. We have made the initial investments for this scalable program, acquiring four plots of land: one in Vallecas (Madrid), two in Seville, and one in Vilaseca (Tarragona). The four properties to be developed will have a total of over 500 rooms.
We continue to analyse similar operations in locations with high demand for this type of product and expect to materialise them in the coming months.
BARCELONA
In May 2023 we acquired two office buildings located in Sarriá, Barcelona’s uptown residential neighborhood. While the demand for offices in this area is very high, the supply remains very limited, making this deal a great opportunity to further consolidate Meridia’s position in Barcelona´s top rated office market.
The assets have a total surface of 5.490 sqm and 44 parking spaces. As both buildings are in a good state, CapEx requirements are limited. Meridia plans to execute some refurbishment actions to transform the asset from brown to green.
BARCELONA
In March 2023 we acquired a c.37,000 sqm industrial land located in Barcelona’s first logistic ring, in Martorell Xamenes Sector 3, from Incasòl and the City Councils of Martorell and Sant Esteve de Sesrovires.
Meridia intends to develop a state-of-the-art logistics warehouse to be leased to a single tenant. The area is a sought-after logistic hub, with strong demand for modern ESG compliant assets.
BARCELONA
In February 2024 we acquired a class A warehouse located in Granollers, Barcelona's 1st ring, just 30 kilometers from the center. Spanning over 11,350 square meters, this state-of-the-art facility is primed for single-tenant leasing. The asset meets highest industry and ESG standards with its BREEAM "Excellent" rated certification for sustainable development and an A-rated Energy Performance Certificate.
BARCELONA
Acquired in January 2023 from a private investor. This office site is located in Barcelona’s 22@ district. The building, formerly an industrial asset, has over 3,500 sqm+ terraces and will undergo a brown to green renovation process to be transformed into a unique office complex in a highly demanded area.
SPAIN
In May 2023 we acquired a majority stake in residential operator Caterina, specialised in corporate apartment rentals. Meridia has also made the initial real estate investments for this scalable program, acquiring four properties in Barcelona, while it continues to analyse additional assets to add to the platform. The company also operates several buildings in the most relevant business areas of Madrid, Barcelona, and Málaga.
BARCELONA
In December 2021 we acquired two office buildings located in Sarriá, a high-class residential neighborhood in the west of the urban center of Barcelona. While the demand for offices in this area is very high, the offer remains very limited what makes this deal a great opportunity to further consolidate Meridia’s position in Barcelona´s top rated office market. The assets have a total surface of 4.257 sqm and 9 parking spaces. Meridia plans to execute diverse refurbishment actions to improve and reposition the assets.
BARCELONA
In March 2021 we acquired a 23,000 sqm logistics platform located in Gelida, close to Barcelona. The asset is located in a prime logistics area: Barcelona’s first ring, and has excellent access to the main roads.
The asset was divested in December 2022 upon completion of refurbishment actions to reposition the asset.
BARCELONA
In March 2020 we acquired a c.20,000 sqm industrial asset located next to Barcelona, in Barbera de Valles, a prime industrial area within the first ring of Catalonia logistic market. This deal represents a great opportunity to acquire an asset in Barcelona’s sought after and top rated logistics market. Meridia plans to reposition the asset with significant CapEx.
BARCELONA
In March 2021 we acquired an office building located in Barcelona’s 22@, consolidating Meridia’s position in Barcelona’s technological hub. The asset has a total surface of 4.295 sqm and 22 parking spaces. Meridia Capital plans to execute diverse refurbishment actions in order to reposition the asset.
BARCELONA
In March 2020 Meridia Capital acquired Hesperia Barcelona del Mar, a 4-star hotel located in Barcelona’s sea front area, within the 22@ district. The asset has 84 rooms split across c.5,800 sqm. This acquisition strengthens Meridia presence in 22@ district and represents a unique opportunity to acquire a hospitality asset in Barcelona, a market where Meridia has strong experience through past vehicles.
MADRID / BARCELONA
In November 2019 we acquired a portfolio of four office buildings, two located in Barcelona and two in Madrid. Total surface area of the assets is 26,323 sqm. The main asset is a c.7,000 sqm building in Barcelona’s 22@ district. This is diversified investment by geography and risk-profile with strong potential to improve the assets leveraging on Meridia’s asset management capabilities.
MADRID
In October 2019 we closed the first investment of Meridia IV, the acquisition of an office building located in Madrid’s MadBit district - one of the areas with highest potential in the city, where Meridia has a solid track record. The asset has a total surface area of 9,563 sqm and 226 parking spaces.
IBERIA
Project Glam (buy and build camping platform) was initiated in Meridia IV but exited as a spin off to new vehicle, Meridia Glamping Program, where Meridia IV continues as investor.
MERIDIA RE IV SOCIMI, S.A.U.
For any enquiry or request, please fill out the form.
E: info@meridiareivsocimi.com
Avenida Diagonal, 640
08017 Barcelona (Spain)
P: +34 93 484 15 00
Paseo de la Castellana, 91
28046 Madrid (Spain)
P: +34 91 076 60 61
