The listed real estate investment companies (Socimi) trading on the MAB made investments worth more than €300 million during the first three months of 2020. That figure represents a three-fold increase compared to the amount disbursed by those companies during the same period in 2019, when their combined investments amounted to €80 million, according to EjePrime.
The significant increase in investment by the Socimis listed on the Alternative Stock Market was largely driven by the signing of one large operation: the purchase of the commercial space in Edificio España by Inbest Prime, which paid €160 million euros to the owner of the building in central Madrid, the hotel chain RIU.
