GDL REIT defies bankruptcy history with €135m Euronext listing

GDL, a REIT led by former jockey Khalil de Burca, has listed on Euronext raising €135m, marking a significant turnaround from prior bankruptcies. The listing provides a new capital source for the firm's property portfolio spanning carparks, offices, and social housing. The move signals renewed investor appetite for niche European real estate vehicles.