PNSA advises on the IPO and listing of shares of Meta Estate Trust on the AeRO market of the Bucharest Stock Exchange
20 July 2022
PNSA is advising Meta Estate Trust, a holding company operating in the real estate sector, with an innovative investment model for the first time on the Romanian market, on launching its IPO and further on listing its shares on the AeRO market of the Bucharest Stock Exchange.
Meta Estate Trust kicks-off the IPO and aims to increase its share capital by RON 25 million
Meta Estate Trust aims to increase its share capital by RON 25 million, a 33% increase compared to the present share capital.
"Meta Estate Trust brings on the Romanian market an innovative, agile and especially resilient business model in periods of uncertainty and market correction. Making the IPO happen, followed by listing the company on the secondary market of the Bucharest Stock Exchange was, from the very beginning, part of the company's business strategy because we want to offer those interested in the real estate market an attractive alternative to traditional investments that provides protection against inflation in today's economic context and that also ensures the liquidity offered by the capital market", said Eugen Voicu, Chairman of the Board of Directors of Meta Estate Trust.
PNSA team is led by Partner Bogdan C. Stoica, along with Senior Associate Claudia Salomia.
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Meta's press release is available here.