Adriano Care acquired two senior residences for €16M

Adriano Care acquired two senior residences for €16M

The REIT paid 16 million euro for both assets, as reported by the company to BME Growth. These transactions also represented the company’s first investments both in Lugo and Barcelona.

Initial Public Offering

Adriano Care started being listed at the BME Growth last 25th of May, after receiving approval from the supervisor, and it thus became the first company to start being listed on the stock exchanges this year.

The REIT started its initial public offering at BME Growth (former MAB) with a market capitalisation of 121.2 million euro. Its shares were listed, on the day of its initial public offering, at 10.10 euro each.

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