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Quabit’s Socimi to Go Public In November With a €500 Mn POS

11/09/2014 – Expansion

Quabit is planning to list its Socimi (Spanish Reit firm) on the stock exchange market via a public offer for subscription (POS) estimated at between €400 and 500 million.

The vehicle‘s name is Bulwin Investments and, on the assumption, its asset portfolio will include diverse and quality properties, both in geographical and typological terms.

By starting to trade on the stock market, Bulwin Investments joins a number of other Socimis which went public this year: Lar España Real Estate, Hispania, Merlin Properties and Axia Real Estate.

 

Original article: Expansión

Translation: AURA REE