Spanish real estate company Tremon is considering reviving its plan to seek a listing on Madrid's stock exchange, Spanish newspaper Cinco Dias reported. The company's board is set to meet next week in Madrid to discuss the possible listing, which was originally signalled before the summer. Tremon planned to launch its Initial Public Offering (IPO) last June, but the plan was shelved after the turmoil that hit Spanish real estate stocks last May. The group, chaired by Hilario Rodríguez Elías, said it decided to postpone the listing as the market 'was not able to make a distinction between the different Spanish real estate companies.'
Spanish real estate company Tremon is considering reviving its plan to seek a listing on Madrid's stock exchange, Spanish newspaper Cinco Dias reported. The company's board is set to meet next week in Madrid to discuss the possible listing, which was originally signalled before the summer. Tremon planned to launch its Initial Public Offering (IPO) last June, but the plan was shelved after the turmoil that hit Spanish real estate stocks last May. The group, chaired by Hilario Rodríguez Elías, said it decided to postpone the listing as the market 'was not able to make a distinction between the different Spanish real estate companies.'
