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British Fund Helikon is Metrovacesa’s New Reference Shareholder

The British fund Helikon Investment holds a 3.2% stake in Metrovacesa, after acquiring a share package estimated to be worth around 24 million euros.

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Helikon Investment, a British fund led by Federico Riggio, has acquired a package of 4.97 million shares in Metrovacesa, which represents 3.2% of the listed property developer’s total share capital, according to the records of the National Securities Market Commission (CNMV).

Helikon Investment had already formalised its entry into Aedas Homes, another Spanish real estate company in June, in which it purchased 3.05% of the share capital, valued at 21.3 million euros at the time of the acquisition.

Read the full article in Spanish.

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