Yet another Spanish REIT, Mistral SOCIMI, has received a favourable report from the Madrid alternative stock exchange. The company’s ticker symbol will be “YMPI”.
The Coordination and Admissions Committee of the Mercado Alternativo Bursátil (MAB) has submitted a favourable report on Mistral Patrimonio Inmobiliario Socimi to the Board of Directors a following a thorough review of all the information presented by the company.
Solventis has been the Registered Adviser and will also act as Liquidity Provider.
The listed fund is expected to focus mainly on residential property investments and the IPO value set by the company’s Board for each of the shares is €2.92 euros and thus the market capitalisation is €33.1 million.