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Azora

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 (...)

Hospitality 10/12/2019

Spain's Azora files fund aimed to target €1.3bn at S. Europe resort hotels

Spanish property investment manager Azora has filed its private equity fund with regulators, which targets investing around €1.3bn in resort hotels in southern Europe.  Called (...)

Hospitality 03/09/2019

Spain's Azora, Palladium form 75/25 resort hotel JV, eyeing €500m investments

Madrid investment manager Azora is partnering with Palladium Hotels in a €500m JV in Mediterranean resort hotels, starting with €115m purchase of three assets, (...)

Health / Senior 16/07/2019

Spain's Azora launches Adriano Care REIT targeting €250m at senior housing

Spanish property investment manager Azora has created REIT/SOCIMI Adriano Care with €120m of equity, aiming to invest €250m in senior-linked housing in the nation. The equity (...)

Hospitality 09/05/2019

Ten mths after selling Hispania, Spain's Azora re-enters resort hotels

Ten months after selling its Hispania resort hotel REIT/SOCIMI to Blackstone, Spanish real estate investment manager Azora is back in the hotel business. The Madrid-based group (...)

Housing 23/01/2019

Spain facing shortage of 2m homes, needs €300bn to finance them - report

Spain will need another 2m homes over the next 15 years to meet accelerating demand and to build them must attract around €300bn in (...)

Logistics 10/01/2019

Spain's Azora, CBRE said launching €250m last-mile logistics firm

Azora, the Madrid property manager which developed and then sold one of Spain' largest REITs, has launched a firm with CBRE to invest €250m (...)

Housing 12/11/2018

Five buyers interested in Spanish Sareb's Témpore after €149m transfer

Spain's 'bad bank' Sareb said it has five interested parties in due diligence to buy its residential REIT/SOCIMI Témpore after transferring another 1,769 rental (...)

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 (...)

Housing 17/10/2018

Blackstone, Caixa, Sabadell are Spain's largest rental housing landlords

As real estate investment capital continues to pour into Spain, US investment giant Blackstone has become the nation's largest residential landlord with 32,000 homes, (...)

Housing 11/09/2018

CBRE GIP, Madison invest €870m in 6.5k Spanish resi package

CBRE Global Investment Partners and Madison International Realty are jointly acquiring a 6,458-unit Spanish residential portfolio valued at €870m from Madrid's Azora group, which (...)

Hospitality 06/09/2018

Spain's Azora eyes more hotel investments after Hispania sale to Blackstone

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 (...)

Hospitality 06/09/2018

Airbnb more threat to rented residential than hotel sector - EPRA panel

Airbnb and other similar internet-based lodging platforms pose no real threat to the hotel industry but more to rented housing in the major cities, (...)

Listed 13/06/2018

Blackstone's Hispania approval moves Spanish tax income offshore - El Confidencial

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 (...)

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 26/03/2018

Spanish SOCIMI success story set to go further - EPRA/Iberian Property conf.

Spain's REIT/SOCIMIs have succeeded in the government's aims of reviving the nation's previously depressed real estate, boosting the economy and creating jobs, the EPRA/Iberian (...)

Hospitality 08/02/2018

Spanish REIT Hispania, eyeing merger, makes offer to Bay Hotel shareholders

Following its move last year to become the sole owner of Spanish resort group Bay Hotels, Madrid REIT/SOCIMI Hispania is considering a merger or a de-listing (...)