The SOCIMI Elix Vintage will soon be listed on MAB

The SOCIMI Elix Vintage will soon be listed on MAB


The Board of Directors of Elix VRS has set a market price of €0.95 per share, representing a value of the company's own funds of €42.8 million.

The SOCIMI, constituted in July 2017, is specialized in the acquisition and renewal of residential properties in central areas of Madrid and Barcelona and in the long-term rental of resultant houses: charming and functional houses that combine the recovery of original elements with an interior design and very vigilant services.

Elix VRS is owned by a group of international and national investors, including KKR, Altamar Capital Partners and Deutsche Finance Group, and managed by ELIX SCM Partners - the company that chairs Mercedes Grau, and which also has Jaime Lacasa, Jorge Benjumeda and Adolf Rousaud as advisors - who exercises the role of industrial partner, directing and coordinating the transformation and exploitation of real estate.

Renta 4 is the registered advisor of the Socimi, RCD, a reference law firm, has been the legal advisor of the operation, CBRE Valuation Advisory has been responsible for the evaluation of the real estate assets and of the company's own funds and Grant Thornton has carried out the financial due diligence of the company.

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