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Bankinter & Valfondo Obtain Another €250 Million for their Logistics Socimi Montepino

The managers of the logistics portfolio owned by Montepino, which has now been converted into a Socimi, have increased its share capital to 900 million euros.

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The Socimi Montepino, which owns a logistics portfolio valued at more than 1 billion euros, has received a strong injection of liquidity. The company acquired last year by Bankinter Investment -and managed, and minority owned, by Valfondo- has completed a capital increase amounting to 250 million euros.

This additional funding will be used to expand Montepino’s real estate logistics portfolio. In this way, the company plans to undertake investments worth more than 300 million euros this year.

Read the full article in Spanish.

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