Domo Socimi: An Example Of The Boom In Residential Business

11 February 2016 – Expansion

An example of the boom in residential business and new opportunities offered by the development and promotion of housing is Domo Socimi. This company, incorporated in June 2015, is presented as the first in Spain that creates value by offering investors the opportunity to participate and capture the profitability of the entire real estate cycle from the purchase of land, through construction, rental and the subsequent sale. Domo Socimi, with a goal of attracting 50 million initial capital and planned increases up to 250 million, plans to apply for incorporation to the Alternative Investment Market (MAB, in its Spanish acronym) during the first half to provide liquidity for investment. Armabex acts as global coordinator of the transaction and registered advisor for its incorporation to the stock market.

Original story: Expansion

Translation: Aura Ree