Atom, Bankinter's hotel REIT, increased the value of its portfolio by 3.1% despite divesting two assets
Atom, Bankinter's hotel REIT, increased its portfolio value by 3.1% in 2025, closing at €885 million while opting for selective hotel divestments after postponing the sale of the investment vehicle.
In 2025, Atom, the hotel Real Estate Investment Trust (REIT) of Bankinter, reported a 3.1% increase in its portfolio value, reaching €885 million. This growth occurred despite the company divesting two of its assets, reflecting a strategic decision to manage the portfolio more effectively. On February 2, 2025, Atom marked the completion of seven years as an investment vehicle for private banking clients, prompting the need to reconsider its future direction regarding asset sales.
The valuation of Atom's assets, approximately €850 million, posed challenges in finding potential buyers, as high valuations limit market interest. The shareholders were ultimately persuaded to maintain the investment vehicle rather than pursue a sale. This decision was influenced by the anticipated growth of profitability derived from dividends and the appreciation of hotel values, which could result in capital gains in the future.
Atom's strategy this year includes careful divestiture of hotels while focusing on maximizing the portfolio's value and returns for its shareholders. The selective divestments indicate a nuanced approach to asset management that aims to bolster the company's financial standing amidst market fluctuations, indicating confidence in the long-term potential of the hotel sector and its strategic importance to Bankinter's wealth management offerings.