Radar > 220638

Hispania Activos Inmobiliarios considers possible asset acquisitions for EUR 1.49bn

Hispania Activos Inmobiliarios estudia llevar a cabo adquisiciones de activos por importe de EUR 1.494m

Intel ID : 220638
Synopsis

Hispania Activos Inmobiliarios is consdering possible asset acquisitions, for EUR 1.49bn, according to the company on a roadshow in which it explained its Public Takeover Offer to acquire Realia.

Specifically, the company is studying hotel transactions in Malaga and Barcelona for EUR 29m, which are eminent: the acquisition of a portfolio with 16 hotels located in Andalucia, Canary Islands and Balearic Islands for EUR 425m, which are in due diligence stage; and two transactions in advanced stages of analysis: the acquisition of a residential portfolio with 7,000 houses for EUR 1bn, and the sale of a hotel in Canary Islands for EUR 40m.
(content in spanish)

Hispania Activos Inmobiliarios está estudiando la posibilidad de llevar a cabo adquisiciones de activos por importe de EUR 1.494m, según indica la compañía en el roadshow en el que explica la Oferta Pública de Adquisición (OPA) sobre Realia.

En concreto, estaría estudiando dos transacciones hoteleras en Málaga y Barcelona por EUR 29m, cuya firma podría ser inminente; la adquisición de una cartera de 16 hoteles situados en Andalucía, Canarias, y Baleares por EUR 425m, que se encuentra en fase avanzada de due diligence; y dos operaciones en fase avanzada de estudio: la adquisición de una cartera residencial de 7.000 casas por EUR 1.000m, y la venta de un activo hotelero en Canarias por EUR 40m.

Relevant Documents


Intel ID 220638
Value EUR 1.494,00m
Native Currency Euro (EUR)
Financial Data - Hispania Activos Inmobiliarios
(31 Dec 2018)
Revenue: EUR 161,97m
Net Debt: EUR 4.409,93m
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
Subsector (Old TTR Sectors)
Real Estate and Construction / Real Estate (Primary)
Primary Sector (TTRSC)
25.03.03 Real Estate Services
25 Financial Services / 25.03 Real Estate

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.