A new REIT from Inbest will debut at the BME Growth on July 29th

A new REIT from Inbest will debut at the BME Growth on July 29th

The company will start being listed on July 29th, with its shares priced at 1 euro each, representing a total 13.8 million euro market capitalisation.

The company’s stock code will be Yinb7, its registered stock broker will be Deloitte and Renta 4 Banco will act as liquidity provider, according to a release from BME Growth.

Inbest VII does not own any assets directly or through the shares it has of Assets I and Assets II, final vehicles through which it buys, manages and sells the assets. These vehicles’ current portfolio is constituted by commercial buildings and stores located mainly in Madrid, Valencia, Bilbao and Las Palmas. 

The company’ four REITs listed at BME Growth have improved their numbers during the year of the pandemic, according to the data released by the old Mercado Alternativo Bursátil (MAB).

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