Argentine soccer star Lionel Messi listed his real estate properties on a Spanish stock exchange earlier this week. The listing came in the form of a real estate investment trust (REIT), which debuted with a valuation of €223 million ($232 million).
According to Reuters, Messi serves as the chairman of the REIT Edificio Rostower Socimi, while his investment vehicle, Limecu Espana 2010, is its only shareholder. However, Rostower is expected to become open to new investors in the near future.
Rostower is listed on the Portfolio Stock Exchange, a small, digital-only stock exchange in Spain. Its share price was €57.40 ($59.57) on December 30th, and it has yet to be traded.
Rostower’s portfolio includes seven hotels, several commercial office spaces, and several apartments in Spain, Paris, France, and London, UK. The documents show that the company was founded in 2013 and posted losses in the past two years, including $1.76 million in losses in 2023.
Lionel Messi spent the majority of his professional soccer career in Spain, playing for Catalan powerhouse Barcelona. He is currently playing in the United States with MLS club Inter Miami. Messi earned an estimated $1.3 billion from wages and sponsorships over the course of his career. He is currently earning $20 million on an annual basis from his contract with Inter.