Redevco Iberian Ventures IV transforms into a Socimi and maintains its capital

The real estate company Redevco Iberian Ventures IV, S.L. has agreed to transform into a listed real estate investment company (Socimi), a move that leaves its share capital figure unchanged. The agreement was adopted unanimously at the Extraordinary General Meeting of Shareholders held on September 3, 2026, and its publication is recorded in the Official Gazette of the Mercantile Registry number 171, dated September 4, 2026, page 6074.

The operation is communicated for the purposes of Article 10 of Royal Decree-Law 5/2023, of June 28, which regulates the regime of listed real estate investment companies. With the transformation, the company will be renamed Redevco Iberian Ventures IV, Socimi, S.A., with the simultaneous approval of the transformation balance sheet, the corresponding auditors’ report, and the new corporate bylaws.

A transformation that preserves capital

The announcement expressly emphasizes that the share capital figure remains unchanged despite the transformation, such that the nominal value of the new shares is equal to that of the old holdings. This is a key element for investors, as the conversion does not imply a capital increase or reduction.

The agreement was approved by all the company’s shareholders, representing 100 percent of the share capital, therefore no shareholder disposal rights exist. Likewise, it is noted that there are no holders of special rights other than the social holdings.

Rights of shareholders and creditors

The communication outlines the right of all shareholders and creditors of the company to obtain the full text of the adopted agreement and the presented balance sheet. Among the essential data of the announcement are:

• Company: Redevco Iberian Ventures IV, S.L. (hereinafter, Redevco Iberian Ventures IV, Socimi, S.A.).
• Agreement: transformation into a public limited company, approved unanimously in a universal meeting.
• Date of agreement: September 3, 2026.
• Capital: unchanged, with the nominal value of the new shares equal to that of the old holdings.
• Signatory: the Chairman of the Board of Directors, Álvaro Urbón García-Fuentes, in Madrid.

Relevance for the real estate sector

The conversion of Redevco Iberian Ventures IV into a Socimi reinforces the trend of the Spanish real estate sector toward listed vehicles with tax advantages, in a context of growing investor interest in real estate investment companies. For readers, the announcement confirms the continuity of capital and the absence of disposal rights, which provides stability to current shareholders and opens the door to a future listing of the company.

Source: Official Gazette of the Mercantile Registry, no. 171, Friday, September 4, 2026, Second Section (Announcements and legal notices), page 6074 (official reference: BORME-C-2026-4868).