Argentine footballer Lionel Messi has floated his real estate assets on the stock exchange through the Socimi Edificio Rostower. He has done so on the Spanish stock exchange Portfolio Stock Exchange, a digital market specialising in Socimi. The company, which trades under the ticker ‘ERTW’, has taken as a reference for the start of trading a price of 57.40 euros per share, which gives it a capitalisation of 223 million.
In its portfolio of assets, Edificio Rostower Socimi has 6 MiM hotels managed by the operator Majestic in Andorra, Baqueira, Ibiza, Mallorca, Sitges and Sotogrande and an additional hotel in the Aran Valley.
It also has a 6-storey building in Barcelona with 4,000 square metres of office space, business premises and parking spaces, a 2,500 square metre warehouse in the Catalan town of Sitges rented by a supermarket chain and a luxury restaurant in Castelldefels.
Finally, the socimi also has several properties with parking spaces and luxury homes in Sarrià-Sant Gervasi, Castelldefels, Cala Tarida, Paris and London.
‘This move reinforces our proposal for the entire spectrum of capitalisations and business plans, the elimination of intermediaries, the efficiency in time and costs added to better technology and better service, is a value proposition that clients appreciate,’ said the CEO of Portfolio Stock Exchange, Santiago Navarro.