Ibervalles Hoteles Socimi will join BME Scaleup on 19 December, following approval by the market's Administration Committee, once the documentation submitted has been analysed and a favourable report has been issued by the Market and Incorporations Coordination Committee.
The company will begin trading its shares at a reference price of €18.2 per share, giving it a valuation of €93 million. With this listing, it becomes the fourteenth company to join BME's growth markets in 2025.
Ibervalles Hoteles Socimi shares will be traded under the code "SCIBH", and Renta 4 Sigrun (Renta 4) will act as the company's registered advisor.
Specialising in the investment, financing, repositioning and divestment of hotel real estate assets, it has a portfolio of 14 properties, including hotel, office and flex living assets, located mainly in Madrid and Lisbon, with a gross leasable area of 130,623 sqm and a gross asset value of €346 million.
The company's strategy is based on active property management, focusing on assets with repositioning potential in established locations, as part of its commitment to the hotel and flexible accommodation segment.