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The MAB’s Socimis Invest More than €300M during Q1

The purchase of the commercial space in Edificio España by Inbest Prime for €160 million euros alone accounted for more than half of the amount disbursed during the first three months of 2020.

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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.

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