Arima Real Estate SOCIMI SA (ES:ARM) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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.