Football legend Lionel Messi has made a significant move in the business world by launching an initial public offering (IPO) for his real estate portfolio, valued at €223 million ($232 million).
Lionel MessiReal EstateIpoProperty InvestmentLuxury Real EstateReal Estate MumbaiJan 02, 2025
Lionel Messi's real estate portfolio is valued at €223 million ($232 million).
The properties in Lionel Messi's portfolio are located in prestigious cities such as Barcelona and Paris.
The company managing Messi's real estate assets is called Lionel Messi Real Estate Holdings (LMREH).
The IPO is expected to have a significant impact by setting a precedent for other high-profile individuals to invest in real estate and by attracting interest from both institutional and retail investors.
Messi plans to use the proceeds from the IPO to acquire new properties in emerging markets, expand his presence in existing locations, and explore opportunities in the hospitality sector, including developing a chain of luxury hotels.
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