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