Park Rose Iberoamericana Finalises €2.2-Million Capital Increase

16 December 2019 – Park Rose Iberoamericana, a company specialised in the acquisition and development of urban rental properties, completed a €2.2-million convertible loan share capital increase. The new securities have a nominal value of one euro.

The socimi debuted with a capitalisation of 10.8 million euros and a portfolio made up of eleven commercial assets and two offices located in Barcelona, Toledo and Madrid.

Original Story: Eje Prime

Adaptation/Translation: Richard D. K. Turner

Vivenio to Issue New Shares Worth €149.9 Million

14 October 2019 Vivenio, the Spanish socimi controlled by the Renta Corporación and the Dutch fund APG, has launched a €149.9-million capital increase. The socimi will issue 127.1 million new shares with a value of one nominal euro each and an issue premium of 1.18 euros per share. Should investors fully subscribe the capital increase, the company’s total share capital would rose to €564.6 million.

Original Story: Eje Prime

Adaptation/Translation: Richard D. K. Turner

Cohen & Steers Increase Stake In Hispania To 5%

5 May 2015 – Expansión

The US fund Cohen & Steers has increased its stake in Hispania to 5% after participating in the €323 million capital increase conducted by the real estate company last week. Hispania’s other shareholders include John Paulson and George Soros.

Original story: Expansión

Translation: Carmel Drake