AEDAS AEDAS Homes SA

Spanish investment in AEDAS Homes now exceeds 10% after Santander Asset Management ups its stake to over 3%

Spanish investment in AEDAS Homes now exceeds 10% after Santander Asset Management ups its stake to over 3%

Santander Asset Management, which has approximately €48 billion in assets under management in Spain, has strengthened its commitment to AEDAS Homes by increasing its investment in the Spanish homebuilder, which now stands at 3.151%. This means that more than 10% of the capital invested in the residential developer is Spanish.





The asset management arm of Banco Santander, recently named by Citywire as the best Equity Asset Management firm in Spain, now ranks as the third shareholder of the company, behind Castlelake, with a 51.65% stake, and T. Rowe Price, with 9.16%.

12 analyst firms currently follow AEDAS Homes, of which ten have issued recommendations to buy shares in the company and two to hold.

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25/01/2019

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