The Association represents the largest rental property companies of Spain.
The Association of Spanish Property Companies (Asociación de Inmobiliarias con Patrimonio en Alquiler) was founded in 1976.
It is a grouping of large Spanish rental property companies, several of them quoted, totalling more than 5.500.000 square metres of rental space (not counting parking lots).
Since its inception, it has worked for a series of economic, social and tax measures benefiting the property sector and its users and clients.
It has been very active in defending the interests of the sector including also small property investors (Larraz law, urban leasehold law, regularisation of company tax, SOCIMIS regulation). As a result, successive governments since ASIPA's founding have consulted with it and taken on many of its suggestions.
ASIPA was the catalyst for the European integration of Spanish property companies.
ASIPA´s principal areas of policy are the following :
ASIPA currently has the following members:
. Public affairs: The Association maintains regular contact with government, organising frequent meetings with senior ministers and with the political parties to improve legislative, fiscal and regulatory conditions that affect the industry.
. Education and training: It has patronised courses on management and financing of property companies, as well as seminars on taxation.
. Forum: ASIPA is, above all, a discussion forum where sector professionals can exchange ideas so as to enhance all aspects of their business and encourage best practice within the industry.