Acquisition of building in Madrid

04 Dec 2023 18:13 CET

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Issuer

RSR SINGULAR ASSETS EUROPE SOC

We are pleased to announce that, on June 2023, the Company acquired a tourist apartment building in Madrid with a built up area of 3.607 sqm. The Company will invest a total of €25M euros including purchase and renovation of the property. The acquisition was financed with shareholder contribution in equity and the CAPEX will be financed via equity and bank financing. The Company's asset portfolio totals eight properties, of which five are hotels, two are tourist apartments buildings and one is currently an office building. We remain at your disposal for any clarification you may need,

Description

Source

RSR SINGULAR

Provider

Euronext

Company Name

RSR SINGULAR ASSETS EUROPE SOCIMI S.A.

ISIN

ES0105505004

Symbol

MLRSR

Market

Euronext Access

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Disclaimer

RSR Singular Assets Europe SOCIMI SAU published this content on 04 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 December 2023 17:19:15 UTC.