Masa Rental SOCIMI has announced its inclusion in the BME Scaleup market, becoming the eleventh company to file an Initial Market Access Document (DIAM) during the year 2024. This decision was ratified by the Market and Listings Coordination Committee, which concluded that the company meets all the requirements for its entry into the market.
The price set by the Board of Directors of Masa Rental SOCIMI is 114 euros per share, which raises its total valuation to 100 million euros. The firm Armabex Asesores Registrados has been appointed as the company’s Registered Advisor.
Founded in 2024, Masa Rental SOCIMI has its origins in a business group that began operations in 1973. With over five decades of experience in the real estate sector, the company has evolved from its initial role as a developer and constructor to now focus on investing in real estate assets in Spain, aiming to generate long-term income. Its operations extend across various cities, including Alicante, Murcia, Madrid, Valladolid, Barcelona, and Albacete.
The Information Document of Masa Rental SOCIMI is available on the BME Scaleup website, providing detailed information about its business model and objectives.
BME Scaleup, along with BME Growth, is designed to cater to small and medium-sized enterprises. This year, both markets have welcomed a total of 23 new companies, reaching over 150 companies admitted to trading. BME Growth focuses on facilitating access to funding for smaller capitalized companies, while BME Scaleup is specifically geared towards scaleups, but also welcomes SMEs, SOCIMIs, and family businesses. This strategy allows companies to access funding, improve their reputation, increase visibility, and attract talent.
With the inclusion of these growth markets, BME expands its service offering, covering from the early stages of approaching capital markets to large companies that are listed on the Stock Exchange.
Referrer: MiMub in Spanish