Arima Real Estate Secures 37M Euro Financing
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Arima Real Estate Secures 37M Euro Financing

Arima Real Estate SOCIMI SA (ES:ARM) has released an update.

Arima Real Estate SOCIMI SA has secured a 37 million euros financing agreement with CaixaBank for their office building project on Pradillo street. The deal spans 7 years and features a 53% loan-to-value ratio. As of now, 7 million euros of the loan have been utilized.

For further insights into ES:ARM stock, check out TipRanks’ Stock Analysis page.

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