An actual property funding belief (REIT) launched by Argentine soccer legend Lionel Messi has debuted within the Spanish market, priced at 57.4 euros per share, giving it a market capitalization of 223 million euros ($232.12 million).
Messi, at present with Inter Miami and a former FC Barcelona star, is listed as chairman of the board for Edificio Rostower Socimi, in response to paperwork filed with the Portfolio Stock Exchange, a European different market regulated by the Bank of Spain.
Edificio Rostower owns seven motels in Spain and Andorra, three workplace areas, 5 residences in Spain, and extra residences in London and Paris, the paperwork stated.
Founded in 2013, the corporate posted a 1.7 million euro loss in 2023, in response to information revealed by the Portfolio Stock Exchange.
Edificio Rostower didn’t instantly reply to a request for touch upon its inventory market debut, which befell on Monday.
Most of the corporate’s investments are within the Spanish area of Catalonia, the place Messi, 37, moved in 2000 at age 13 to affix FC Barcelona’s youth groups.
He lived there till 2021, when he unexpectedly left FC Barcelona to signal with Paris St-Germain after the closely indebted Catalan membership stated it couldn’t afford to maintain him due to La Liga’s monetary honest play guidelines.
The eight-time Ballon d’Or winner has lengthy said that he plans to return to reside in Barcelona along with his spouse and three youngsters after retiring from soccer.
Messi’s spouse, Antonela Roccuzzo, is the board’s vp. The different board members are Alfonso Nebot, who runs Messi’s household workplace, and Ramon Adell, a board member of Spanish vitality firm Naturgy.
Source: www.dailysabah.com