Smart Kitchens Properties

About Smart Kitchens Properties

Smart Kitchens Properties is a Spanish SOCIMI (Real Estate Investment Trust) specializing in acquiring and leasing real estate assets for last-mile food delivery services. The company's business model focuses on supporting food delivery operators and restaurant chains by financing the purchase of properties and a portion of the renovation costs. This approach reduces the capital investment required by operators by approximately 60%, allowing them to allocate resources toward their core business and operational expansion.

By partnering with Smart Kitchens Properties, food delivery businesses gain an agile and efficient way to expand their footprint with a single, professional landlord for all new locations. The company offers long-term lease agreements with pre-established terms, providing stability and clear visibility for its tenants' business plans. It operates as a real estate investment trust that leases properties to operators of ghost or cloud kitchens, which are commercial kitchens optimized for delivery and takeout orders without a traditional dining room. Smart Kitchens Properties is managed by LIFT Asset Management, an independent financial advisory and asset management firm.