Radar > 220409

Grupo GMP searches market for assets to acquire

Grupo GMP sondea el mercado en busca de activos

Intel ID : 220409
Synopsis

Real estate company Grupo GMP is searching the market for assets that fit their objectives, and for approximately EUR 250m.

In this investment, Grupo GMP will use the resources obtained from the acquisition by GIC (Government of Singapore Investment Corporation) of a stake in its share capital. (see related transaction)
(content in spanish)

La inmobiliaria Grupo GMP está sondeando el mercado en busca de activos que cumplan sus expectativas, por un importe aproximado de EUR 250m.

La entrada del grupo GIC (Government of Singapore Investment Corporation) en su capital permite a Grupo GMP contar con fondos suficientes para acometer estas inversiones. (Ver transacción relacionada)

Intel ID 220409
Value ND
Native Currency Euro (EUR)
Financial Data - GMP, Sociedad de Inversiones Inmobiliarias SOCIMI
(31 Dec 2023)
Revenue: EUR 131,90m
EBITDA: EUR 67,34m
Net Debt: EUR 656,40m
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
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
Website
Description

Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) Subsector    

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.