Lionel Messi Launches Real Estate Investment Trust in Spain
December 31, 2024 - 12:45
A new real estate investment trust initiated by Argentine soccer icon Lionel Messi has officially entered the Spanish market, debuting at a share price of 57.4 euros. This launch has resulted in a significant market capitalization of 223 million euros, equivalent to approximately $232.12 million.
Messi, who currently plays for Inter Miami and is renowned for his successful tenure with FC Barcelona, has been appointed as the chairman of the board for Edificio Rostower Socimi. This information was disclosed in official documents released by the Portfolio Stock Exchange, which operates under the oversight of the Bank of Spain.
Edificio Rostower boasts an impressive portfolio that includes seven hotels located in Spain and Andorra, three office spaces, and five residential apartments within Spain. Additionally, the trust holds properties in prominent cities such as London and Paris, indicating a diverse investment strategy aimed at capitalizing on various real estate markets.
MORE NEWS
October 21, 2026 - 01:42
Northeast Private Client Group Brokers $3.425 Million Sale of Four-Building Multifamily Portfolio in ProvidenceA four-building multifamily portfolio in Providence has changed hands for $3.425 million. The deal covers The Federal Hill Collection, a group of apartment properties located in the city`s Federal...
October 20, 2026 - 23:41
Agree Realty Posts Stronger Than Expected Q3 ProfitabilityAgree Realty Corporation reported a key measure of profitability for its third quarter that came in above what Wall Street analysts had been expecting, according to results released Tuesday. The...
October 20, 2026 - 01:45
Senators Press FTC on Real Estate Lead Routing and Private ListingsTwo U.S. senators are asking the Federal Trade Commission to examine how real estate listing sites route buyer leads, steer consumers toward lenders, and handle private or off-market listings. The...
October 19, 2026 - 20:06
Warning Signs an Agent Might Leave Your Brokerage and How to RespondRoughly $14.4 billion in annualized production changed firms during the third quarter, with agent moves typically peaking in January. That figure underscores how much production is at stake when...