Radar > 224396

Corpfin Capital Real Estate plans creating REIT to invest EUR 100m in real estate assets

Corpfin Capital Real Estate creará una SOCIMI para invertir EUR 100m en activos inmobiliarios

Intel ID : 224396
Synopsis

Javier Basagoiti, managing partner of Corpfin Capital Real Estate Partners, said the company will turn Corpfin Prime Retail Capital Assets into REIT, in May 2015, which will be endowed with EUR 100m to invest in real estate assets.

The REIT's resources will originate from two other REITs held by Corpfin Capital Real Estate Partners (Corpfin Capital Prime Retail II and Corpfin Capital Prime Retail III), with more than a hundred small investors and bank financing.
(content in spanish)

Javier Basagoiti, socio director de Corpfin Capital Real Estate Partners, ha señalado que la compañía convertirá en SOCIMI en mayo de 2015 a la sociedad Corpfin Capital Prime Retail Assets, que estará dotada con EUR 100m para invertir en activos inmobiliarios.

Los recursos de la futura SOCIMI vendrán de otras dos SOCIMIS de Corpfin Capital Real Estate Partners (Corpfin Capital Prime Retail II y Corpfin Capital Prime Retail III), de más de un centenar de pequeños inversores, y de financiación bancaria.

Intel ID 224396
Value EUR 100,00m
Native Currency Euro (EUR)
Financial Data - Corpfin Capital Prime Retail Assets
(31 Dec 2023)
Revenue: EUR 0,91m
EBITDA: EUR 0,66m
Net Debt: EUR 1,88m
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Real Estate and Construction / Real Estate (Primary)
Primary Sector (TTRSC)
25.03.02 Real Estate Investment Trusts (REITs)
25 Financial Services / 25.03 Real Estate

Country
Description

Ultimate Owner (Buyer)

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Country
Website
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.