Radar > 245193

Hispania to sell Barcelona office portfolio for EUR 120m

Hispania podría vender su cartera de oficinas en Barcelona por EUR 120m

Intel ID : 245193
Synopsis

Hispania Activos Inmobiliarios (BME:HIS), a Spain-based REIT, could sell its office portfolio in Barcelona to focus on the hotel sector, reported Expansión on 12 February 2017.

The strategy of the company would be to divest to keep growing with the acquisition of hotels. The portfolio on the block has five buildings, including Edificio Cristal, with 11,088 m2, leased to ACS (BME:ACS) and Xerox (NYSE:XRX), and the Les Gloriès complex, which has three buildings, two of them with a 100% occupation and one, with 90%.

In addition to this office portfolio, the REIT has 19 properties in Madrid and one in Malaga.
(content in spanish)

Hispania Activos Inmobiliarios (BME: HIS), SOCIMI española, podría haber puesto en venta su cartera de oficinas en Barcelona para centrarse en el sector hotelero, según ha informado Expansión el 12 de febrero de 2017.

La estrategia de la compañía sería desinvertir para seguir creciendo con la compra de hoteles. Se trata de cinco edificios entre los que se encuentran el Edificio Cristal, con 11.088 m2, alquilado a ACS (BME: ACS) y Xerox (NYSE: XRX), y el complejo Les Gloriès, que tiene tres edificios, dos de ellos ocupados al 100% y un tercero a más del 90%.

Además de esta cartera de oficinas, la SOCIMI cuenta con 19 inmuebles en Madrid y uno en Málaga.

Intel ID 245193
Value EUR 120,00m
Native Currency Euro (EUR)
Financial Data - Hispania Activos Inmobiliarios
(31 Dec 2018)
Revenue: EUR 161,97m
Net Debt: EUR 4.409,93m
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Seller

Name
potential
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

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Date Title Type Intel Grade Country Subsector  

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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.