What Gmp Property Socimi does

Gmp Property SOCIMI, S.A. is a Spanish public limited company operating as a SOCIMI (Spanish REIT) that develops, manages, and leases a portfolio of office buildings, business parks, parking facilities, and flex living accommodations. As of 2025 the company holds 26 office buildings totaling 432,164 m² of office space and 506,137 m² of total built area, concentrated in prime Madrid locations (Castellana axis, Méndez Álvaro, Parque Norte) with selective expansion into Barcelona (MILE Campus in the 22@ district) and Alicante (Las Colinas Golf & Country Club). Its customer base spans national and international corporates leasing multi-tenant office space, individual professionals and corporate relocatees in the Truliving flex living brand (Truliving Vallecas, 285 units; Truliving Sanchinarro, 195 units opening January 2028), and corporate event organizers using MEETING PLACE venues.

Revenue is generated primarily through recurring rental income from office leases, flex living rentals, parking operations (5,092 spaces), event space bookings, and the Las Colinas residential community. Pricing is quote-based and not publicly disclosed. The company sells directly through on-site property management teams located in each building, supplemented by a corporate website, LinkedIn, Instagram, and YouTube presence. Distribution is single-country (Spain) and channel-light: direct enterprise sales for offices, direct-to-consumer inquiry flows for flex living, and dedicated investor relations for institutional shareholders.

The technology stack combines IoT-enabled smart building management with proprietary engineering assets, including the SFEG photocatalysis air filtration system (98% particle/VOC removal, CDTI-funded European R&D), real-time air quality monitoring integrated with in-building displays, and the Gmp Smart mobile application for tenant engagement. The portfolio holds an unusually dense stack of sustainability certifications: LEED Platinum/Gold across most assets, WELL Platinum (ARQBÓREA) and WELL Gold (seven buildings), Spain's first SmartScore certificate, ISO 14001 and ISO 45001, BREEAM Excellent (Truliving Vallecas), AIS accessibility, and Brain Protected Space certifications. The company has been carbon neutral for Scope 1 and 2 emissions since 2020 and sources 100% renewable electricity for Scope 2 since 2019.

Name

Gmp Property Socimi

Legal name

Gmp Property SOCIMI, S.A.

Website

https://grupogmp.com

Company type

Public

Founded year

2013

Operating status

Operating

Headcount range

101–250 employees

Short description

Gmp Property SOCIMI is a Spanish REIT that develops, manages, and leases a portfolio of 26 prime office buildings, business parks, parking facilities, and flex living accommodations (Truliving) primarily in Madrid, with selective expansion into Barcelona and Alicante, serving corporate tenants and professional residents.

Ownership category

akta.pro rank

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices20 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Office Building Rental: Rental income from leasing office spaces in 26 office buildings across prime Madrid locations. Buildings include Castellana 81, Castellana 77, oxxeo, ARQBÓREA, and others in business parks.
2. Flexible Living (Truliving): Rental income from flexible accommodation units including studios, one-bedroom and two-bedroom apartments in Truliving Vallecas (285 units) and Truliving Sanchinarro (195 units opening 2028).
3. Parking Services: Revenue from 5,092 parking spaces across the portfolio including electric vehicle charging points.
4. Meeting Place: Revenue from unique, innovative and flexible spaces for corporate events in Madrid.
5. Las Colinas Golf & Country Club: Revenue from exclusive residential community development in Alicante.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Gmp Property SOCIMI is a publicly listed Spanish REIT that develops, manages, and leases a portfolio of 26 premium office buildings and business parks in Madrid, complemented by 5,092 parking spaces, the Truliving flexible living brand (485 units across Vallecas and the upcoming Sanchinarro), MEETING PLACE corporate event spaces, and the Las Colinas Golf & Country Club in Alicante. The portfolio totals 506,137 m² and is distinguished by deep sustainability certifications (LEED, WELL, BREEAM) and proprietary air filtration technology.

Product overview

Gmp Property SOCIMI is a Spanish patrimonial real estate company (SOCIMI = Spanish REIT) that develops, manages, and leases a portfolio of office buildings, business parks, car parks, and flexible living accommodations in Madrid, with a selective presence in Barcelona (MILE Campus) and Alicante (Las Colinas). Its core product is a portfolio of 26 office buildings and business parks, supplemented by the Truliving flexible living brand (including Truliving Vallecas and Truliving Sanchinarro), the MEETING PLACE event spaces, and associated car parks. The company also operates the Las Colinas Golf & Country Club residential community. Innovation products include the Gmp Smart app, Gmp INnova, and Gmp Horizon programs.

Differentiator

Problem solved

Functional benefit

Brands

• Truliving: Flexible and temporary accommodation in Madrid combining contemporary design, functionality, and integrated services for a unique residential experience.
• Meeting Place
• Las Colinas Golf & Country Club
• Gmp Smart
• Gmp INnova
• Gmp Horizon

Products and services

• Office Buildings Portfolio Portfolio of 26 premium office buildings in prime Madrid locations including Castellana 81, Castellana 77, oxxeo, ARQBÓREA, Luchana 23, Orense 34, Parque Norte, and others; leased to national and international corporations seeking ESG-certified workspace. Includes 432,164 m² of office space with LEED Platinum/Gold, WELL Platinum/Gold, SmartScore, and WiredScore certifications.
• Business Parks Business park complexes in Madrid including Parque Norte (with buildings Madroño, Abedul, Roble, Encino, Álamo, Olmo), offering integrated office environments; the first Brain Protected business park in Spain with LEED Gold and WELL Gold certifications.
• Parking Services 5,092 parking spaces across the portfolio in Madrid, including 68 electric vehicle charging points installed in partnership with EDP to support sustainable mobility for tenants.
• MEETING PLACE Unique, innovative, and flexible event spaces for corporate events in Madrid, located within Gmp's office properties at Castellana 81 and Orense 34; serves corporate event organizers seeking distinctive venues.
• Truliving Flex Living Brand Gmp's flexible living brand offering temporary and flexible accommodation in Madrid for professionals, relocating employees, and project-based workers, combining contemporary design, integrated services, and sustainability (BREEAM certifications).
• Truliving Vallecas Flexible accommodation project in Madrid's Ensanche de Vallecas district offering 285 flexible rental units (studios to two-bedroom apartments) with amenities including gym, cinema room, coworking, rooftop pool, and BREEAM Excellent certification; designed by Touza Arquitectos.
• Truliving Sanchinarro Flexible accommodation project in Madrid's Sanchinarro area, opening January 2028, with 195 fully equipped studios and flats, 65% of units with terraces, and communal areas including pool, gym, coworking, and cinema; BREEAM Exceptional certification in progress.
• Las Colinas Golf & Country Club Exclusive residential community in a unique natural enclave in the south of Alicante, managed by Gmp as part of its diversified asset portfolio.
• MILE Campus (Barcelona 22@ District) New business campus concept in Barcelona's 22@ district, contemporary, flexible, and connected, representing Gmp's expansion into Barcelona's innovation district.

Quantifiable outcome

• 88% of buildings achieved Energy Rating A (highest rating regulated by Ministry of Industry, Commerce and Tourism)
• +6 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Nine partnerships are on record, tiered core.

• EDPcoreStrategic or Co-development Partner · 1 January 2020Partnership with EDP to install 68 new electric vehicle recharge points in Madrid properties, supporting sustainable mobility infrastructure for tenants.
• Centro para el Desarrollo Tecnológico Industrial (CDTI)coreStrategic or Co-development Partner · 1 January 2020European R&D initiative funded by CDTI supporting the advanced SFEG photocatalysis air filtration system development to address COVID-19 health emergency.
• International WELL Building Institute (IWBI)coreStrategic or Co-development Partner · 1 January 2018Gmp was first company in Spanish real estate sector to obtain WELL certification. Partnership for building health and wellbeing certification covering air, water, lighting, nutrition, fitness, comfort and mind.
• US Green Building Council (USGBC)coreStrategic or Co-development Partner · 1 January 2013Pioneer partnership for LEED certification process in Spain since 2013. Gmp certified most of portfolio with LEED Platinum and Gold standards.
• Touza ArquitectoscoreStrategic or Co-development PartnerArchitecture firm responsible for Truliving Vallecas design. Created iconic architecture defining exclusive flexible living concept with short and medium-term stays.
• Fundación Freno al IctuscoreStrategic or Co-development PartnerPartnership for Brain Protected Spaces certification program, training employees to detect and act in case of stroke. First multi-tenant office building certification in Spain.
• AENORcoreStrategic or Co-development PartnerCertification body for ISO 14001:2015 Environmental Management System and ISO 45001:2018 Health and Safety Management System certifications.
• Fundación para la Accesibilidad y la RScoreStrategic or Co-development PartnerAIS (Accessibility Indicator System) certification body for building accessibility certification based on functional diversity criteria.
• BRE GlobalcoreStrategic or Co-development PartnerBREEAM certification body for sustainable building assessment. Truliving Vallecas achieved BREEAM Excellent certification.

Scale indicators16 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• Vonovia: Largest European residential REIT. While residential-focused, it shares SOCIMI/REIT capital structure, large portfolio scale, and exposure to European regulatory and ESG trends.
• Icade: French REIT with offices and healthcare real estate. Comparable institutional REIT structure, similar sustainability/ESG focus, and broader European geographic diversification.
• Klépierre: Major European retail REIT. Shares SOCIMI/REIT operating model, large portfolio scale, and overlap with Gmp's broader institutional real estate investor audience.
• Gecina: Large French office REIT with prime Paris CBD portfolio. Comparable prime-European office REIT model, broader portfolio diversification, and stronger ESG/carbon positioning benchmark.

Direct peers

• Merlin Properties SOCIMI: Largest diversified Spanish SOCIMI with offices, retail, logistics, and data centers. Same SOCIMI structure; comparable institutional investor base; competes for Madrid office tenants and development capital.
• Lar España Real Estate SOCIMI: Spanish SOCIMI focused on retail and office assets across Spain. Same REIT regime and Spanish dominance, with overlapping institutional investor base and similar capital structure.
• Castellana Properties: Spanish REIT focused on retail parks and urban retail assets. Same Spanish SOCIMI regime and Madrid footprint overlap; comparable size and corporate governance profile.
• Inmobiliaria Colonial SOCIMI: Spanish SOCIMI focused on prime CBD office assets in Madrid, Barcelona, and Paris. Most direct twin to Gmp — same REIT regime, similar prime-Madrid office focus, comparable scale and institutional investor base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC8rDFLVD_3l8s3ucCILrjIA
• LinkedInlinkedin.com/company/grupo-gmp
• Instagraminstagram.com/gmp.experience

Compliance14 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gmp Property Socimi