31 July 2019
The Mazabi Group’s socimi, Silicius, announced it has carried out eight capital increases through the incorporation of real estate valued at more than 320 million euros since February.
The non-monetary real estate contributions include Calle Carretas, 10, in Madrid, the Siemens Gamesa headquarters in Bilbao, the Hotel on San Onofre Street, 5, in Madrid and a hotel in Mallorca, among others.
The capital increases have also led to the entry of dozens of new shareholders, from Spain as well as Latin America and the rest of Europe.
Original Story: La Vanuguardia / EFE
Adaptation/Translation: Richard D. K. Turner