Press Release

Albirana Properties SOCIMI to start trading on MAB on 22 March

Thirty-second REIT to list on MAB

 

17 March, 2017

The Coordination and Admissions Committee of the MAB has submitted to the Board of Directors a favourable report on ALBIRANA PROPERTIES,stating that the company is eligible for admission to the market, following a review of all the information presented by the company.

 

The company is due to be listed on 22 March, whereupon it will become the thirty-second real estate investment trust (REIT) to be admitted to the market once the MAB’s Board of Directors has approved the admission.

 

The company’s ticker symbol will be “YAPS” and it will be traded through the “price fixing” system. Renta 4 Corporate is the Registered Advisor, while Renta 4 Banco will act as Liquidity Provider.

 

In light of the assessment report issued by independent expert, Gesvalt Sociedad de Tasación, the Company’s Board of Directors has set a reference value of 33.60 euros for each of its shares, thus placing the Company’s total value at 168 million euros.

 

ALBIRANA PROPERTIES, the parent of a REIT group currently comprising three companies wholly owned by the Company, is managed by Anticipa Real Estate and presently has upwards of 5,000 real estate assets on lease across all of Spain, most of which are located in Catalonia and Madrid.

 

The Informative Document on ALBIRANA PROPERTIES SOCIMI can be found on the MAB’s website (www.bolsasymercados.es/mab) and contains all the relevant information on the company and its business.

Copyright® Bolsas y Mercados Españoles 2017
[ http://www.bolsasymercados.es ]