Hispania Activos Inmobiliarios (Hispania) was created in 2014 and until the first quarter of 2019 was listed on the Spanish continuous market.
During Azora's management of Hispania, the company focused its investments on the hotel, office and residential segment.
It was created as a company with an investment period that ended in December 2017 and with a maximum divestment period until March 2020. However, it was disposed of in July 2018, following a public tender offer by Blackstone. The Azora Group continued to manage Hispania until February 2019.
At the time of its sale, Hispania was the largest owner of hotel rooms in Spain. As of December 2018, it had more than 13,100 rooms distributed in 46 hotels, with a special focus on the leisure segment.
Most of the hotels were managed by renowned operators under long-term lease contracts.