World Champion and Argentine footballer Lionel Messi carried out a listing of his real estate properties with an estimated portfolio value of $232 million on the Spanish digital markets.
The company is known as Edificio Rostower Socimi and has been listed as a real estate investment trust (REIT). The REIT owns seven hotels, commercial real estate for shops and offices, and houses, according to the draft papers.
The REIT share price was set at €57.40 on December 30 on a small, digital- only Spanish index called the Portfolio Stock Exchange.
The exchange is under the supervision of the Bank of Spain. The exchange allows trading when a company aims to sell shares or increase its capital, as per the agency report.
Messi's wife, Antonela Roccuzzo, is the board's vice-president along with Alfonso Nebot, who runs Messi's family office, and Ramon Adell, who is a board member of Spanish energy company Naturgy, as per the report.
Messi’s move to list Rostower happened relatively quickly. The firm only became a REIT in the middle of December, days after an attempt by the Spanish government to increase the tax on real estate trusts was blocked in parliament.