NewsHK
Venue investment across Southern Europe has been drawing capital from internationally listed operators building mixed-use sports and entertainment assets.
Nomadar Corp., a Nasdaq-listed company based in Marshall, Texas, said on July 15 it completed the acquisition of land in Spain for the development of JP Financial Arena, a project the company positions across sports, tourism, technology, entertainment, and MICE categories.
Consolidating control Nomadar described the deal as consolidating its control over what it calls a strategic asset.
That phrasing implies the company held prior interests in the site rather than arriving as a new entrant. No purchase price was disclosed.
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