Lionel Messi launches IPO for his real estate portfolio; valued at €223 million

The Argentine will be the chairman of Edificio Rostower Socimi’s board.

Argentine football star Lionel Messi formed a real estate investment trust, which debuted on the Spanish market at 57.4 euros per share, with a market valuation of €223 million ($232.12 million).

According to records released by the Portfolio Stock Exchange, a European alternative market overseen by the Bank of Spain, Messi, the former FC Barcelona forward and Inter Miami star, is listed as the chairman of Edificio Rostower Socimi’s board.

According to the paperwork, Edificio Rostower owns five residences in Spain, three offices, and seven hotels in Andorra and Spain. It also owns homes in London and Paris.

According to documents released by the Portfolio Stock Exchange, the firm, which was founded in 2013, reported a loss of 1.7 million euros in 2023.

A request for comment regarding Edificio Rostower’s Monday stock exchange launch was not immediately answered.

Lionel Messi, 37, went to Catalonia, Spain, in 2000 at the age of 13 to play for FC Barcelona’s youth teams, and the majority of the company’s interests are there.

His residence lasted until 2021 when he abruptly departed FC Barcelona to join Paris St. Germain after the chronically indebted Catalan team claimed it could not afford to retain him according to LaLiga’s financial fair play regulations.

After he retires from football, the eight-time Ballon d’Or recipient has long stated that he intends to move back to Barcelona with his wife and three kids.

The vice-president of the organization is Antonella Roccuzzo, Messi’s wife. Other board members include Ramon Adell, a board chairman of the Spanish energy company Naturgy, and Alfonso Nebot, who oversees Messi’s family office.

The Argentine is currently enjoying his vacation after his season with Herons ended as he led them to the MLS Supporters’ Shield and were later eliminated from the MLS Cup. Messi will next return to action when the MLS new season resumes.

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