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Socimi Tander Inversiones Debuts on the MAB

Posted by: In: Real Estate 16 Jan 2018 Comments: 0 Tags: , , , , , , , , , , ,
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12 January 2018 – Expansión

The listed real estate investment company (Socimi) Tander Inversiones has debuted on the Alternative Investment Market (MAB) with no change to its initial price, which was fixed at €9.50 per share.

Tander Inversiones, which is trading under the code “YTAN”, was listed through the fixing contracting system, which sets prices twice a day, in such a way that the next variation will be published at 16:00.

The starting price of €9.50 per share, which had been established by the Socimi’s Board of Directors, represents a company valuation of €49.8 million.

Renta 4 Corporate served as the registered advisor, whilst Renta 4 Banco was the liquidity provider.

Tander Inversiones Socimi is a company dedicated to investment in properties, primarily retail premises allocated for rent.

The Socimi owns a portfolio of assets comprising five retail premises in Barcelona and another one in Santander.

Original story: Expansión

Translation: Carmel Drake

The post Socimi Tander Inversiones Debuts on the MAB appeared first on Aura Real Estate Experts.

Source:: AURA Real Estate Experts

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