Masa Rental SOCIMI meets the requirements for listing on BME Scaleup. It is the eleventh company to register an Initial Market Access Document (DIAM) on BME's growth markets so far this year.
The company's Board of Directors has set a reference price of €114 per share for the start of trading, giving the company a total value of €100 million. The company's Registered Adviser is Armabex Asesores Registrados.
Masa Rental SOCIMI is a family-owned property company, incorporated in 2024, with its origins in a business group founded in 1973. With more than 50 years of experience, it began its activity as a developer, builder and marketer of residential housing. Currently, its activity focuses on investing in real estate assets in the Spanish market, aimed at obtaining long-term income, with a presence in various Spanish cities, including Alicante, Murcia, Madrid, Valladolid, Barcelona and Albacete.
As of 31 October 2024, the valuation date of the asset portfolio, it had a real estate portfolio comprising 65 assets. The value of this portfolio on the same date amounted to approximately €109.8 million, according to the valuation report issued by Valmesa.