On Thursday, the Socimi Millenium Hotels Real Estate, which specialises in the 4- and 5-star hotel segment, launched a capital increase amounting to 150 million euros following the approval and registration of its information prospectus by the National Securities Market Commission (CNMV).
The capital increase, which grants pre-emptive subscription rights to current shareholders, will be carried out through the issue and placement into circulation of up to 30 million shares at a price of 5 euros per share.