The latest acquisitions – two retail buildings in Vigo and Zamora for 16 million euro and an office building in Madrid for 20 million - are part of the Mazabi REIT’s latest strategy, which consists in increasing its current 120 million euro Gross Asset Value.
On the table was the possibility of Silicius being listed at Mercado Alternativo Bursátil, but, as Juan Díaz de Bustamante Ussia, the REIT’s CEO explains to newspaper elEconomista «there is no liquidity in this market», so the company is now investing «on growing so as to enter the continuous market».
The REIT expects to spend more 300 million euro on its plan to acquire new assets until 2020.
