Torbel Investments 2015, Blackstone‘s fourth residential subsidiary in Spain, debuted on the Madrid Alternative Stock Market (MAB) at a price per share of €11.45 euros and market cap of €92.2 million. The SOCIMI has a portfolio of 2,495 homes, parking spaces, premises and storage rooms and was the ninth listing on the MAB so far during 2018.
The properties are located in Spain’s 17 autonomous regions and in the autonomous city of Ceuta on the African continent, with the greatest concentration of properties located in the regions of Valencia, Catalonia and Madrid.
Blackstone, is indirectly, through various funds, a majority shareholder of three other Spanish REITs: Fidere Patrimonio, Albirana Properties and Corona Patrimonial.
Renta 4 Corporate was the registered advisor of this new SOCIMI and Renta 4 Banco acts as a liquidity provider.
También te puede interesar
-
The Spanish REIT, Persépolis Investments, will stop trading in the BME Growth
-
Millenium Acquires the Iberostar Las Letras Hotel for €70M
-
South African fund, Vukile, strengthens its position in Spain through Lar España
-
Arcano Value Added Real Estate II grows its Logistics portfolio in Madrid
-
TPG reconsiders the sale of their REIT, Témpore Properties