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La Finca increases turnover in 8.9%
24 October 2019 | Vanessa Sousa

During this year’s first six months, La Finca Global Assets Socimi increased its net turnover in 8.9% reaching 24.97 million euro.

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The latest financial data made available at the Mercado Alternativo Bursátil also shows that the operating result increased during the same period – 11.8% - reaching 10.2 million euro.

The REIT entered the Spanish secondary Stock Exchange in September. It was estimated at 176 million euro and had a portfolio estimated at 725 million euro, which included 3 business parks in Pozuelo de Alcarcón and 3 office buildings located in Madrid.

Värde Partners has 39% of the company’s capital, and Yolanda García-Cereceda 10.9%. Half of the REIT’s capital belongs to Grupo LaFinca.