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Elix SOCIMI Expands Madrid Portfolio with New Acquisition

Elix SOCIMI Expands Madrid Portfolio with New Acquisition

Elix Rental Housing SOCIMI II SA (FR:MLERH) has released an update.

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Elix Rental Housing SOCIMI II SA has furthered its investment strategy by acquiring a residential property in Madrid for €6.5 million, financed in part by a mortgage of €8.6 million with a Spanish bank. The company continues to expand its real estate portfolio in line with its ongoing investment programme.

For further insights into FR:MLERH stock, check out TipRanks’ Stock Analysis page.

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