Trastor AEEAP has set its sights on attracting foreign institutional investors as it moves forward with a proposed capital increase, following a decision made during a recent shareholders' meeting. The company aims to raise approximately 150 million euros, although this figure has not yet been finalized. The capital increase is planned to open its book of offers by the end of April or early May, depending on geopolitical developments that could impact the global real estate market.

Last year, a similar decision was made for a capital increase of 120 million euros, which ultimately did not materialize. A significant change from the previous year’s plan is the role of Piraeus Bank, the main shareholder of Trastor with a 98.34% stake. Unlike last year when its financial contribution was predetermined, this time around, the bank's participation amount is expected to be more flexible, allowing adjustments based on the current market conditions and investor interest.

The ongoing geopolitical situation will play a critical role in determining the company's funding strategy and timing for opening up investment opportunities. Trastor’s management is aware of the market fluctuations caused by international events and is strategically planning to align its capital raising efforts with favorable conditions to enhance its attractiveness to foreign institutional investors, who could significantly bolster the company’s growth in a competitive landscape.