The Board of Directors of BME Growth has approved the incorporation of Inhome Prime Properties Socimi, after analyzing and studying all the documentation presented by the company and issuing the favorable evaluation report of the Market Coordination and Incorporations Committee.
Inhome Prime Properties Socimi is the second Socimi and the seventh company to join this BME market so far this year. Its trading start will be on Wednesday, July 6.
The company's Board of Directors has set a reference value of 10 euros for each of its shares, which represents an initial valuation of the company of 11 million euros.
The trading code of the company will be “YIPP”. The company's Registered Advisor is Renta 4 Corporate, while Renta 4 Banco acts as Liquidity Provider.
Inhome Prime Properties Socimi is a company whose purpose is to buy residential homes at a discount, located in the center of Madrid, for the most part, and in neighborhoods considered prime or with high revaluation potential, to elderly people for subsequent formalization of a rental contract, mostly for life.