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Football star Lionel Messi holds IPO for his real estate assets

Bloomberg
Bloomberg • 2 min read
Football star Lionel Messi holds IPO for his real estate assets
Edificio Rostower Socimi has been listed as a REIT and owns seven hotels, commercial real estate for shops and offices, as well as houses. Photo: Bloomberg
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Football star Lionel Messi carried out an initial public offering of his real estate properties, valuing the portfolio at EUR223 million ($316.30 million).

The company, called Edificio Rostower Socimi, has been listed as a real estate investment trust and owns seven hotels, commercial real estate for shops and offices, as well as houses, according to its prospectus. Rostower posted loses in both 2022 and 2023.

The REIT’s share price was set on Dec 30 at EUR57.40 on a small, digital-only Spanish bourse called the Portfolio Stock Exchange.

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