- 73rd listing on Euronext markets in 2025
- CIAGEST SIGI becomes the first REIT to use Euronext’s fast-track admission process
- 84th REIT to list on Euronext, the leading European exchange for Real Estate
Euronext today welcomed CIAGEST SIGI S.A., a Portuguese real estate investment and management company (REIT), to Euronext Access Lisbon. This is the 73rd listing on Euronext markets in 2025 and the 84th REIT to list on Euronext, the leading European exchange for Real Estate.
Founded in 1951 and converted into a SIGI (Sociedade de Investimento e Gestão Imobiliária) in December 2025, CIAGEST SIGI is based in Porto and focuses on the ownership and management of income-generating real estate assets.
The company owns Porto Business Plaza, a mixed-use property in Porto comprising mostly office space, as well as logistics areas and parking facilities. The asset is fully let under long-term lease agreements, predominantly to office-sector tenants, providing stable and predictable cash flows.
The admission to listing follows a combined private offer - in which Capitólio, S.A. acted as Offeror - comprising a primary offering of €7.9 million and a secondary offering of up to €38.3 million, totalising €46.3 million, with a hurdle target of 20%. Following the final results of the Offer, Capitólio and its beneficial owners hold 83,8% of the capital and new investors hold 16,2% of the capital of Ciagest SIGI, S.A..
CIAGEST SIGI’s share capital amounts to €25,997,510, represented by 25,997,510 ordinary shares, all of which have been admitted to listing on Euronext Access Lisbon. The reference price for admission is €2.21 per share.
CIAGEST SIGI is the first company listed through Euronext’s new fast-track admission process for REITs on Access markets. The new framework streamlines documentation and cuts Euronext’s review time from 30 to just 10 trading days; it offers REITs a quicker and more efficient route to capital markets - marking a major step in accelerating financing for the real estate economy.
Gonçalo Andrade Santos, CFO of CIAGEST SIGI S.A., said: “The admission of CIAGEST SIGI S.A. to Euronext Access Lisbon marks an important milestone for the company. This listing strengthens our visibility and transparency, and supports our objective of broadening our investor base, particularly among Iberian institutional investors. With Porto Business Plaza fully let under long-term leases, we are well positioned to deliver stable returns.”
Following the admission, CIAGEST SIGI aims to meet applicable free float requirements and to continue expanding its investor base.
The listing of CIAGEST SIGI underscores Euronext’s commitment to supporting the development of the real estate sector and the financing of the real economy, by providing efficient access to capital markets for innovative investment vehicles.
