Silicius with 8 New Capital Increases Worth €320 Million Since February

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

Mazabi’s Subsidiary Atalaya Acquires a Retail Park outside Pamplona

25 March 2019 – Eje Prime

Atalaya Superficies Comerciales, the investment vehicle owned by the Mazabi Group, has purchased a retail park in Olaz (Navarra) from Velacapital Inversiones.

The asset, which has a surface area of 22,728m2, of which 12,000 m2 are leasable, is located 3km from Pamplona. Its tenants include McDonalds and La Tagliatella.

Atalaya, whose corporate purpose is to build retail and turnkey products for commercial operators, has now invested €30 million since its creation in October 2018 and so is considering a capital increase.

Original story: Eje Prime 

Translation/Summary: Carmel Drake