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Hispania prepares exit from MAB in April
01 April 2019 | Vanessa Sousa

It has been almost five years since Hispania entered Madrid’s MAB and it is time to leave. Starting next April 5th REIT Hispania, which currently belongs to Blackstone, will no longer be a part of Mercado Alternativo Bursátil.

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The company will stop being listed on the same day the fund plans to close the purchase order on Hispania’s remaining stock (2.09%), which, according to Eje Prime, started last December. Once the operation is closed, Blackstone will have full control over the Spanish REIT.

It was in 2018 that the American fund bought 97.9% of the REIT’s capital with a 2.000 million euro takeover bid.