Radar > 244038

Viña Concha y Toro enters real estate market

Viña Concha y Toro entra en el mercado inmobiliario

Intel ID : 244038
Synopsis

Viña Concha y Toro (BCS:VIÑATORO), a Santiago, Chile-based winery, announced the creation of a subsidiary engaged in real estate management, in a filing published by regulator Superintendencia de Valores y Seguros on 4 January 2017.

Specifically, with its foray into the real estate market, Viña Concha y Toro seeks to increase for its shareholders the economic value of certain real estate assets of the company located in high-value urban and rural areas.
(content in spanish)

Viña Concha y Toro (BCS:VIÑATORO), bodega de vinos con sede en Santiago de Chile, ha anunciado la creación de una filial dedicada a la gestión inmobiliaria, en un hecho relevante publicado por la Superintendencia de Valores y Seguros el 4 de enero de 2017.

En concreto, con su incursión en el mercado inmobiliario, Viña Concha y Toro busca incrementar el valor económico para sus accionistas de ciertos activos inmobiliarios de la empresa ubicados en zonas urbanas y rurales de gran valor.

Relevant Documents


Intel ID 244038
Value ND
Native Currency Chilean Peso (CLP)
Exchange Rate:
Financial Data - Viña Concha y Toro
(31 Dec 2013)
Revenue: -
EBITDA: -
Date
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Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Industry / Food (Primary)
Services and Distribution / Food and Beverage
Primary Sector (TTRSC)
15.02.08 Wine
15 Consumer Products & Services / 15.02 Beverages

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

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

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