trending Market Intelligence /marketintelligence/en/news-insights/trending/-l20E9TAHWKw5LIFybQcaQ2 content esgSubNav
In This List

Aroundtown to raise €606M via share placement

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Aroundtown to raise €606M via share placement

Luxembourg-based real estate investor Aroundtown SA privately placed 95 million new shares at a fixed price of €6.38 apiece to raise gross proceeds of €606.1 million.

The offering is set to raise the company's total share capital by €950,000 to roughly €10.4 million from approximately €9.5 million.

The new shares were offered to institutional investors and net proceeds from the placement will be used to finance Aroundtown's growth strategy.