HomeREITsTesta will no...

Testa will not Distribute a Dividend after Approving a Negative Result of €29 Million

The Socimi has approved the application of a negative result amounting to 29.3 million euros for 2019 to negative results from previous years, at the proposal of the Board of Directors.

vivienda alquiler Testa 1024x750 1

The Socimi Testa Residencial, acquired by Blackstone from its previous owners (Merlin, Santander and BBVA), held its General Shareholders’ Meeting on Monday. At the meeting, the company’s individual and consolidated annual accounts corresponding to financial year 2019 were approved, according to reports from the BME.

In addition, the rental home company approved the application of the negative result amounting to 29.3 million euros from last year to negative results from previous years, as proposed by the Board of Directors.

Read the full story in Spanish.

B-Exclusives

Latest news