Aroundtown Properties, an unlisted member of Yakir Gabay"s stable of property investment companies has issued a €450mn pre-IPO convertible which embodies a strong pledge that the company will float in the next year. “There are a lot of ... The deal is expected to be completed by mid-2017 and would see the firm raise its stake from around 30% to more than 50%.
Aroundtown Properties, an unlisted member of Yakir Gabay"s stable of property investment companies has issued a €450mn pre-IPO convertible which embodies a strong pledge that the company will float in the next year. The deal is expected to be completed by mid-2017 and would see the firm raise its stake from around 30% to more than 50%.