The stock offering shall consist in a primary and secondary offering with a free-float ranging between 40% and 60%. It is intended that the primary offering provide funds of approx. €100 million.
The US fund Castlelake, owner of the real estate, follow the steps of Lone Star, which float on the stock exchange its company Neinor Homes.
AEDAS Homes announces its intention to use the net income of primary offering to invest in opportunities for future growth, and to partially finance the planned expansion of the group and, mainly, to finance acquisitions of building land under the plan of houses development for 2017-2023 of the company.