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SOCIMIs Wellder Senior Assets, Mistral Iberia II And Lauthon Invest Join BME Scaleup On 31st July

Date 29/07/2024

  • This brings to 15 the number of companies that have started trading on this BME market so far this year

 

The Board of Directors of BME Scaleup has approved the incorporation of Wellder Senior Assets SOCIMIMistral Iberia II SOCIMI and Lauthon Invest SOCIMI on 31st July, after analysing and studying all the documentation submitted by the companies and the favourable evaluation reports issued by the Market Coordination and Incorporations Committee.

The Board of Directors of Wellder Senior Assets SOCIMI has taken a price of 1 euro per share as a reference for the start of trading, which implies a total valuation of the company of 93 million euros.

The company's trading code will be "SCWEL" and its Registered is Renta 4 Corporate.

Wellder Senior Assets SOCIMI is a SOCIMI born from the union of APG Group and Renta Corporación to create a portfolio of real estate assets in the "senior care" segment with special attention to their quality and ESG criteria. APG is the manager of the largest pension fund in the Netherlands, ABP.

For its part, he Board of Directors of the Mistral Iberia II SOCIMI, has taken as a reference for the start of trading of the shares a price of €1.88 per share, which implies a total valuation of the company of €9.5 million.

The company's trading code will be “SCMIB” and its Registered Advisor is ARMABEX Asesores Registrados, part of the ARMANEXT Group..

The company is an asset-holding company that owns a portfolio of urban real estate.

Finally, the Board of Directors of Lauthon Invest SOCIMI has taken a reference price of €5.20 per share, taking into account the valuation report carried out by an independent expert, which implies a total valuation of the company of 26 million euros.

The company's trading code will be “SCLIS” and its Registered Advisor is ARMABEX Asesores Registrados, part of the ARMANEXT Group.

LAUTHON INVEST SOCIMI is a company specialising in the holding and operation of logistics real estate assets. The main objective is to lease real estate to first class clients on a long-term basis in order to maximise medium-term income and return on portfolio investments.

The Information Document of Wellder Senior Assets SOCIMIMistral Iberia II SOCIMI and Lauthon Invest SOCIMI is available on the BME Scaleup website, where you can find all the information about the company and its business.

BME Scaleup market is aimed especially at scaleups, companies with a proven business model, in an accelerated growth phase for at least three years, with a minimum turnover of one million euros and/or an investment of at least that amount. This market, which offers the necessary transparency to investors and simplifies the incorporation requirements for companies, is also open to other types of companies such as SMEs, SOCIMIs or family businesses seeking a first contact with the capital markets.

Among the advantages of BME Scaleup for companies are its ability to boost growth with funds for financing, obtain greater prestige and brand visibility, the possibility of expanding its investor base, the boost to inorganic growth and greater ease of attracting and retaining talent.

To be listed on this market, a company must be a public limited company, have a board of directors, be accompanied by an advisor registered in the market and publish audited annual accounts. It will not be necessary to have a liquidity provider or to comply with a minimum free float.

BME Scaleup already has 14 Registered Advisors.