Jaba expands capital by € 13.4M

Jaba expands capital by € 13.4M

 

The group informed MAB that this operation will be carried out through the offsetting of credits. Iqbal will now control 87.59% of real estate company.

The socimi was set up in 2014, focused on the acquisition of Spanish real estate, and started listing at the MAB in 2016. Its portfolio is composed of properties located mainly in Madrid and Barcelona, refers the EjePrime.

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