Titan America's sales reach $1.6 billion.

The bank will proceed with a public offer to the shareholders of the Cypriot group.

The company specializes in crafting tailored investment strategies for real estate and offering expert advice to investors, focusing on portfolio optimization.

The Group aims for a turnover of €3.2 billion and post-tax profits of €165 million by 2030.

The tender process, launched in October 2023, attracted strong international investor interest.

The IPO is currently expected to price between $15 and $18 per share.

This agreement includes the creation of a new investment vehicle, 100%-owned by Invel, that will acquire and develop new assets in Italy, Spain, Greece and Portugal.