The independent consultancy Gesvalt has estimated the market value of the shares of Hadley Investments for its IPO. This valuation has been carried out in accordance with internationally recognised criteria.
\nAs a result of this valuation, the company was floated on the MAB on 15 June at a price of 6.15 euros per share, which means valuing the company at 30.75 million euros.
\nGesvalt has made this estimate of value, supported by the valuation report on the surface rights owned by Hadley, prepared by the firm itself, as well as by an external valuation report on the rest of the real estate assets. Likewise, in order to issue this estimate, Hadley's unaudited individual abridged financial statements and public information from official entities such as the National Institute of Statistics, the Bank of Spain and the Ministry of Economy and Finance have been analysed.
\nHadley is the seventeenth socimi to be listed on the MAB. It owns three commercial premises in Palma de Mallorca, Pamplona and a third with a warehouse in Tenerife. It also has surface rights to properties in the Vallecas and La Ventilla neighbourhoods in the Madrid region.
\nIn the latter, the company rents from the Instituto de la Vivienda de Madrid (IVIMA) the properties intended for housing that it acquired under a surface right, having recognised a receivable account for the present value of the minimum payments to be received by the lessee, discounted at the implicit interest rate of the project. These surface rights extend until 2022 and 2023, respectively.
\nHadley's sole shareholder is Stirling Adjacent Investments, a firm owned by TAO Finance 3, which in turn is owned by private equity funds.<\/p>","protected":false},"excerpt":{"rendered":"
The independent consultancy Gesvalt has estimated the market value of Handley Investment's shares for its IPO. This valuation has been carried out in accordance with internationally recognised criteria.<\/p>","protected":false},"author":1,"featured_media":53487,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[22,27,28,24],"class_list":["post-979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casos-de-exito","tag-gesvalt","tag-mab","tag-socimi","tag-valoracion"],"acf":[],"_links":{"self":[{"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/posts\/979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/comments?post=979"}],"version-history":[{"count":0,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/posts\/979\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/media\/53487"}],"wp:attachment":[{"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/media?parent=979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/categories?post=979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/tags?post=979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}