Net earnings by German developer Aurelis, controlled by George Soros's Grove, surged to €263.3m last year after its Laetitia portfolio sale, but are unlikely to (...)
Azora, the Madrid-based investment manager that built and then sold Spanish REIT Hispania to Blackstone, aims to invest further in resort hotels but is (...)
US investment management giant Blackstone has succeeded in its €2bn bid for Spanish REIT/SOCIMI Hispania, winning acceptances for 74.02% of equity, well over its (...)
Spain's hotels-focused REIT/SOCIMI Hispania said its board has approved the takeover bid made by US wealth giant Blackstone after the latter raised its offer to €18.25 per share (...)
The Spanish financial regulator CNMV has approved the takeover bid by Blackstone for hotels REIT Hispania. If successful, the firm will be taken private and all profits will move (...)
With Spanish tourism booming and no fewer than 173 new hotel openings forecast in the next four years, US giant Blackstone will likely do what it (...)
Giant US investment manager Blackstone has launched a full takeover bid for Spanish REIT/SOCIMI Hispania via its Alzette vehicle, having agreed to buy 16.65% (...)
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 (...)
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 (...)
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