THE MAIN BUSINESS OF TRIVIUM SOCIMI IS THE MANAGEMENT AND LEASE OF COMMERCIAL UNITS LOCATED IN GRAN CASA, MAX CENTER AND VALLE REAL SHOPPING CENTRES, ACQUIRED BY MEANS OF IT SUBSIDIARY, IBERIAN ASSETS.
The company has its shares incorporated for trading on the Spanish Mercado Alternativo Bursátil (Alternative Investment Market) and is a Spanish public limited company operating under the special SOCIMI (real estate investment trust) tax regime (11/2009 Act of 26th October, modified by the 16/2012 Act).
Sonae Sierra will be the real estate administrator of the Socimi, with over 25 years’ experience in the field. The company is responsible for 92 shopping centres with c. 3 million m2 GLA, 41 of which are owned by them, with a value of 7 billion euros. They also have an established platform and local teams, both in Spain and Portugal.
The main objective of TRIVIUM Socimi is to generate value for its clients through the long-term management of shopping centres, using the knowledge and experience of Sonae Sierra.