Hispania Signs 7-Year €65M Financing Agreement With ING

29 December 2015 – Expansión

The large Socimis are continuing with their plans to finance their real estate assets. Such is the case of Hispania and Axiare, which yesterday announced two separate financing agreements, to fund assets that have already been acquired in the case of the first, and for new projects in the case of the second.

Hispania has signed a 7-year bilateral financing agreement with ING for €65 million, for a portfolio of offices that it controls through its subsidiary Hispania Fides. Meanwhile, Axiare has agreed a 10-year bilateral loan amounting to €39.9 million with Banco Sabadell, which will enable it to continue its investment plans.

Original story: Expansión (by R. R.)

Translation: Carmel Drake