Quonia revalues its shares to 31%

Quonia revalues its shares to 31%

After entering the MAB last July, the company has been pursuing its strategy of identifying the economic activities  most resistant to economic cycles, choosing to divide their portfolio into three activities: tourism, education and retail, each receiving a third share of their investments, explains Spanish Real Estate.

The properties which they own in the calle Balmes, numbers 166 and 45, both in Barcelona, have now been completely renovated, while the property in the  Paseo Joan de Borbó number 66 will both begin and start remodelling work this year. According to the same source, the entry into force of the new rental contracts for these assets will result in growth in income for  Quonia of 150%, a percentage predicted by the company to show annual income of 3.0 million euros by the close of 2017.

 

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