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Mutualidad de la Abogacía Acquires a Stake in Millenium Through its Capital Increase

The insurance company has invested 23.42 million euros in Millenium's latest capital increase, which amounted to 156.4 million euros.

Carlos Perez Baz director de Inversiones Inmobiliarias de Mutualidad de... 1
Carlos Pérez-Baz, Director of Real Estate Investments at Mutualidad de la Abogacía

Mutualidad de Abogacía is intensifying its investments. The insurance company for legal professionals has bought a stake in the hotel Socimi Millenium as part of that firm’s latest capital increase.

The insurer has acquired 5,855,055 shares for a value of 23.42 million euros. This represents a 5.046% stake in the hotel entity, which is listed on BME Growth.

Read the full article in Spanish.

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