Wednesday, October 21, 2020
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Almagro Capital Plans to Debut on the Main Stock Market with a Valuation of €500 Million

Almagro Capital has launched its fourth capital increase, amounting to 16 million euros, to continue its growth with a view to purchasing more properties for their subsequent rental.

The Socimi Almagro Capital has launched a capital increase worth around 16 million euros in response to the “growing interest in its solution to monetise real estate assets for the elderly.”

This is the fourth capital increase undertaken by the Socimi and follows the one completed in August 2019, which also amounted to 16 million euros and was oversubscribed.

Read the full article in Spanish.

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