NW1 Spanish Logistics Socimi starts trading on Portfolio Stock Exchange with ticker NWTA. The listing of the company's shares has started with a reference price of 8.76 euros per share, as reported by the new generation European stock exchange, which states that the company is valued at 43,800,000 euros.
The law firm Uría Menéndez has advised the company, with Enrique Nieto Brackelmanns as partner and Blanca Muñoz Nogués as associate.
In addition, APEX Group, under the regional management of Paloma González Hernández for Southern and Eastern Europe and Spain, and Sara Sáez Serrano, provides corporate services. Talus Real Estate, headed by Pablo Medina, is in charge of the socimi's portfolio strategy.
The company's shares have started trading at a reference price of 8.76 euros per share.
The company, the tenth to join this market, specialises in the acquisition, refurbishment and leasing of large logistics facilities, and currently has three assets: two in Barcelona and one in Valencia, totalling 70,000 square metres built.
Santiago Navarro, CEO of Portfolio Stock Exchange, says "That investors like NW1, with the track record of managers like David Finkel (Harvard, Goldman Sachs, Nomura...), trust in Portfolio is a clear sign that the professional market needed our proposal. We are very grateful for the way the market is responding and we will continue to welcome new listings in the coming weeks".