Lionel Messi's Real Estate Trust Debuts on Spanish Market

Inter Miami forward Lionel Messi is named chairman of Edificio Rostower Socimi's board, a real estate investment trust he owns. The trust made its Spanish market debut at 57.4 euros per share, giving it a market capitalization of 223 million euros (US$232.12 million).

The information you need to know, sent directly to you: Download the CTV News App The trust, which owns seven hotels in Spain and Andorra, three office spaces and five apartments in Spain, as well as apartments in London and Paris, plans to open up to new investors. Edificio Rostower did not immediately respond to a request for comment on its stock market debut, which took place on Monday. The company posted a 1.7 million euro loss in 2023, according to records published by the Portfolio Stock Exchange

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Lionel Messi's Real Estate Trust Debuts on Spanish MarketLionel Messi's real estate investment trust, Edificio Rostower Socimi, made its debut on the Spanish market at 57.4 euros per share, valuing the company at 223 million euros. Messi serves as chairman of the board and the company plans to open up to new investors.
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Lionel Messi has inverted the old order of the sports businessThe goal of any aspirational sports league is no longer to put a superior product on the field and to ensure that its best performers succeed, it’s to either create a Messi or steal him from someone else
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