VBARE Iberian Properties SOCIMI, S.A. (BME:YVBA) announced a private placement of 788,301 shares at €13 per share for gross proceeds of €10,247,913 on June 5, 2017. Each share has a nominal value of €5 per share and will be issued at a premium. The shareholders shall have the right to subscribe an amount of new shares on a ratio of 1 new share for every 2 old shares.