Axiare Completes €395M Capital Increase

10 June 2015 – Expansión

The Socimi Axiare, led by Luis López de Herrera-Oria (pictured above), has completed the €395 million capital increase that it launched in May to continue investing in the Spanish real estate sector.

Axiare has thereby duplicated its size – its market capitalisation now exceeds €800 million. JB Capital has coordinated the operation.

Original story: Expansión

Translation: Carmel Drake

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