The company acquires a Retail park of 11,300 sqm, located in the Northwest of the Tenerife island, in the commercial area of La Laguna, which is leased to Conforama.

In addition, the company formalizes the purchase of a commercial asset with a constructed area of 1,780 square meters, located in the city of Palma de Mallorca, rented since 2016 to Maison du Monde.
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MAZABI SANTANDER, Real Estate investment Group, becomes the main sponsor of the Independiente Rugby Club for the next two seasons. The agreement was signed this morning by Juan Antonio Gutiérrez, CEO of Mazabi and Jesús Celada Andrés, President of the Independiente Rugby Club.

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The company acquires a newly built hotel in Menorca, valued at more than 20 million euros; and a 200,000 sqm property in Formentera, with two buildings, whose buildings will be rehabilitated for residential use on rental basis.

In addition, the company formalizes the sale of a hotel in Ibiza, valued at more than 40 million euros; after completion of the project set at 5 years.

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The company specialized in family real estate management buys the Hotel Palacio San Gabriel, an asset based on a noble house built in 1736.

The property is leased to Soho Boutique Hotels, it has 22 suite rooms and 1,242 sqm divided in four floors.

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The average price of each varies between 1.5 and 2.3 million

The joint venture formed by both companies promotes three residential projects since 2015. (more…)

The company continues with its growth plan in diversified locations with the aim of creating a prime hotel and vacation portfolio.

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