CREATION AND OBJECTIVE / MISSION
Hispania’s shares are traded on the Spanish Continuous Market, as part of the Ibex Small Cap index since December 11th, 2014.
Established in January 2014, its main objective is to acquire and manage real estate assets in Spain, in order to maximize returns for shareholders through active management of the company’s portfolio.
Hispania is registered as a “SOCIMI” (Sociedad Anónima Cotizada de Inversión Inmobiliaria), also known as Real Estate Investment Trust companies (REIT), since May 2016 after the approval from its Annual Shareholder’s Meeting to conclude the merger between Hispania Activos Inmobiliarios and it’s 100% subsidiary Hispania Real SOCIMI. Through this regime Hispania can take advantage of all the fiscal benefits associated to it in order to maximize the value of its portfolio.
The Company is governed by the Board of Directors, composed of seven members of whom four are independent, with proven experience in the Real Estate market. Their mission is to manage the company, by monitoring its operations and investments. The independent nature of the Board guarantees alignment with shareholder’s interests and ensures compliance with the Good Governance framework.
Hispania is a vehicle externally and solely managed by Azora, an independent private equity management fund, specialized in real estate investments. Founded in 2003, Azora currently has a team of more than 400 professionals, managing assets worth more than 4,100 million euro.
Hispania has an outstanding management team with a wealth of experience and a sterling reputation in real estate investment, development and management, capital markets, realising returns in real estate funds and mergers & acquisitions in the Spanish market, as well as in the European and US markets.
Founding partner of the Azora Group and Director of Azora Capital and its subsidiaries, and chairwoman of Azora Gestión, S.G.I.I.C.
Founding partner of the Azora Group and member of the Board of Azora Capital and its subsidiaries
Chairman of the Board of Directors of Azora Capital
General Manager of Hispania Activos Inmobiliarios
INITIAL PUBLIC OFFERING
Hispania was first listed for trading on the stock exchange on 14 March 2014, with an initial capital of EUR 550 million. Its debut was one of the most successful of the year and, since then, its share price has increased by 50% (through to July 2015), making it the listed company with the largest cumulative price increase in its category.
In April 2015, Hispania successfully completed a capital increase of EUR 337 million, followed by a second capital increase with preferential rights of EUR 231 million, raising the company's total capital to EUR 1,118 million.
MISSION, VISION AND VALUES
> Build an attractive portfolio of real estate assets in offices, residential property and hotels.
> Intrinsic potential for income generation and value gains.
> Detailed selection of each asset.
> Achieve attractive purchase prices.
> Design and implement bespoke rental and repositioning strategies.
> The Spanish real estate market offers significant investment opportunities that are superior to those in other countries in terms of the risk-return spectrum.
> Maximise our shareholders' investment returns on a sustainable basis.
> Active asset management is the key to achieving target returns.
> Strict corporate governance
> Experience and excellence
> Rigorous investment approach
> Quality assets
> An extraordinary investment and asset management platform
> Alignment with investors