Delma’s 2017 Initial Public Offering (IPO):

Delma Resorts & Hotels in partnership with Global Estates are working on an Initial Public Offering (IPO) to float the merged Group on the Madrid & Frankfurt Stock Exchanges in October 2016.

Within a year, the Group will also list in Frankfort, Hong Kong, Dubai, and Toronto.

The structure will include a Spanish Public Company that will own the assets and operations of the Group, develop the various properties, and operate the projects: Delma Resorts & Hotels PLC.

The stabilized assets with steady cash flow will be transferred to a majority owned subsidiary that is also a Spanish Public Company that is structured as a Real Estate investment Trust (REIT): Delma Resorts & Hotels REIT.

The Spanish based REIT will focus on undervalued coastal and recreational properties.