Lionel Messi's Real Estate Trust Debuts on Spanish Market

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Lionel Messi's Real Estate Trust Debuts on Spanish Market
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Lionel Messi's real estate investment trust, Edificio Rostower Socimi, made its debut on the Spanish market, with plans to open up to new investors.

Inter Miami forward Lionel Messi is named chairman of Edificio Rostower Socimi's board, a real estate investment trust he owns. The trust made its Spanish market debut at 57.4 euros per share, giving it a market capitalization of 223 million euros (US$232.12 million).

The information you need to know, sent directly to you: Download the CTV News App The trust, which owns seven hotels in Spain and Andorra, three office spaces and five apartments in Spain, as well as apartments in London and Paris, plans to open up to new investors. Edificio Rostower did not immediately respond to a request for comment on its stock market debut, which took place on Monday. The company posted a 1.7 million euro loss in 2023, according to records published by the Portfolio Stock Exchange

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