Desarrollos Ermita del Santo SOCIMI receives favourable report from MAB

28 July, 2020

  • It is the fifth company to join this BME market so far this year

The Coordination and Admissions Committee of the Mercado Alternativo Bursátil (MAB) has submitted to the Board of Directors a favourable report on DESARROLLOS ERMITA DEL SANTO SOCIMI, following a thorough review of all the information presented by the company. It is the third company to join this BME market so far this year.

The reference value set by the company’s Board of Directors for each of the shares is 424 euros, which brings its overall valuation to 21 million euros.

The company’s ticker symbol will be “YDES”. VGM ADVISORY PARTNERS is the Registered Adviser while BANCO DE SABADELL will act as Liquidity Provider.

DESARROLLOS ERMITA DEL SANTO is a company incorporated in September 2018 with assets located in the shopping centre La Ermita, in Madrid, which it manages and markets through its Ibemetex Ermita subsidiary.

The Informative Document on DESARROLLOS ERMITA DEL SANTO SOCIMI can be found on MAB’s website ( and contains all the relevant information on the company and its business.

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