This future investment is in line with the strategy developed by Mazabi’s REIT in the last few years. The company «has developed a strategic plan which contemplates rational growth, faithful to its investment policy», comments Juan Díaz de Bustamante, Silicius’s CEO, to Eje Prime.
To significantly increase the value of its REIT’s portfolio, Mazabi should, until the end of the year, transfer a series of buildings estimated at 740 million euro, mentions Eje Prime, which also reveals that those assets have a 240 million debt.
Currently the company specialised in buying and managing assets has a diversified portfolio, which includes offices, warehouses, commercial spaces and even hotels. In total, Silicius has 17 assets estimated at 160 million euro, almost five times more than it had in 2016, when it started its activity.
Photo: Eje Prime