Radar > 241327

BlueBay may launch IPO of a REIT

BlueBay podría sacar a Bolsa una SOCIMI

Intel ID : 241327
Synopsis

BlueBay, a Spain-based hotel chain, could be studying creating a REIT which would make its debut on the stock exchange at the beginning of 2017, reported La Vanguardia on 5 October 2016, citing sources familiar.

The REIT, which would be comprised of, among others, Hotel Miguel Ángel of Madrid, could be worth approximately EUR 500m.
(content in spanish)

BlueBay, cadena hotelera española, podría estar estudiando crear una SOCIMI que debutaría en la Bolsa a principios de 2017, según ha informado La Vanguardia el 5 de octubre de 2016, basándose en fuentes cercanas a la operación.

La SOCIMI, que estaría integrada, entre otros, por el hotel Miguel Ángel de Madrid, podría tener un valor aproximado de EUR 500m.

Bidder


Intel ID 241327
Value ND
Native Currency Euro (EUR)
Financial Data - BlueBay
(31 Dec 2018)
Revenue: EUR 2,32m
EBITDA: EUR 0,07m
Net Debt: EUR 8,56m
People: 16
Date
Country
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Continent
Geography
Subsector (Old TTR Sectors)
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Intel Grade
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Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Tourism, Hotels and Restaurants (Primary)
Primary Sector (TTRSC)
15.10.06 Hotels, Resorts & Accommodations
15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure

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Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.