Quid Pro Quo closes a capital increase worth 1.8M euros

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

The socimi, specializing in the purchase of rental housing with tenants, hoped to get 3.5 million euros to continue investing.

Quid Pro Quo does not get the expected capital. The socimi has closed the capital increase that began in June with an increase in its own resources of 1.8 million euros, just over half of the 3.5 million euros it hoped to achieve.

This figure, which includes the nominal value and the premium, corresponds to the purchase of 1.6 million new shares. Two thirds of the operations were closed during the preferential subscription period for holders of the company's shares and the remaining third went to new investors, according to a statement sent by the Alternative Stock Market (MAB).

Quid Pro Quo specializes in the purchase of housing for rent with tenants. The homes that are part of its portfolio, ranging between fifty and ninety square meters, are located in the main Spanish cities, especially in Madrid and Barcelona.

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

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