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Hospitality 27/07/2020

Azora launches €680m European leisure hotel fund

Madrid-based European real estate investment fund manager Azora has raised €680m to launch a new fund, Azora European Hotel & Lodging, F.C.R., above the fund's (...)

Finance 09/11/2018

Spain's Azora moves into alternative financing with first €300m fund

Madrid-based real estate manager Azora has created a partnership with Oquendo Capital to promote closed-end alternative finance funds aimed at projects or firms in (...)

Listed 02/05/2018

Spain's Hispania manager Azora, aiming at €8bn AUM, launches own IPO

Spanish real estate manager Azora Altus, which created and manages the REIT Hispania, is to issue 47m new shares to raise around €500m in its own (...)

Finance 11/04/2018

Spanish Hispania manager Azora announces IPO; €700m reported capital raise

Spain's Azora, the external manager of REIT/SOCIMI Hispania and other real estate firms, confirmed Wednesday that it is planning its own stock market flotation. Reports say it (...)

Finance 27/02/2018

Management fees hit Spanish Hispania 2017 net as it completes investment

The inclusion of managment fees cut Spanish hotel-focused REIT/SOCIMI Hispania 2017 after-tax profit to €249m from €359m in 2016. Excluding these, net came in at (...)

Hospitality 21/12/2017

Spanish REIT Hispania to pay €165m for seven resort hotels

Spanish REIT/SOCIMI Hispania has signed an option to acquire, for €165m, seven hotels of the Alua Hotels & Resorts chain on the Balearic and Canary islands (...)

Office 02/11/2017

Spain’s Hispania postpones €500m office disposal to Swiss Life

Spanish REIT/SOCIMI Hispania has postponed the disposal of its remaining office assets to the first quarter 2018 due to uncertainty over Catalonia. Reports suggest (...)