- Market capitalisation of €7.58 million
- 57th listing on Euronext in 2023
- 10th listing of a Spanish company on Euronext in 2023
Euronext congratulates Elix Rental Housing Socimi II, a company specialised in the acquisition, refurbishment and commercialisation of rental housing in the centre of Madrid and Barcelona, on its listing on Euronext Access Paris (ticker code: MLERH).
AltamarCAM, a global asset manager focused on investing in private markets, and Elix, a leading residential asset manager in Spain, launched Elix Rental Housing Socimi II in early 2023 with the purpose of creating an institutional portfolio of rental residential buildings. The vehicle has an investment capacity of around €150 million to be deployed on the purchase, refurbishment and rental of residential buildings mainly in the centre of Madrid, with a strong focus on improving sustainability.
Elix Rental Housing Socimi II’s listing on Euronext Access Paris was completed through the admission to trading on 30 November 2023 of its 378,803 ordinary shares, through the direct listing procedure. The reference price was set at €20 per share. Market capitalisation was approximately €7.58 million on the day of listing.