- MAZABI’S SOCIMI increased its capital by the end of December thanks to a non-monetary contribution done by Liberbank, Ltd. of the Arista office building in Rivas Vaciamadrid, Madrid
- Liberbank’s incorporation is the second institutional shareholders’ entrance into SILICIUS capital
- As a result of this deal, SILICIUS has registered an increase in its GAV of more than Є240m due to non-monetary contributions
04 January 2021, Madrid – SILICIUS Real Estate SOCIMI, which specialises in the management of rental properties focusing on long term, stable income streams, has closed in December 2020 a capital increase operation through a non-monetary contribution done by Liberbank, Ltd. of the Arista office building in Rivas Vaciamadrid, Madrid.
This office building was built in 2010 and it is located in Rivas Futura business park. It is compound by 4 buildings oriented to host the activity of engineering, technology, financing, and services companies. The building’s GLA (Gross leasable area) is 45,100 sqm, formed by open-plan offices, and penthouses with terraces. It also has 1,200 parking lots distributed in a two-level underground parking garage.
The incorporation of this financial institution enables SILICIUS to add the second institutional shareholder to its total shareholders. Currently, SILICIUS has more than 43 shareholders. Liberbank has entered SILICIUS taking more than 8% of its capital.
“Despite the complexity of the year 2020, we have managed to overcome the number of capital increases done in 2019 through the acquisition of suitable assets for SILICIUS. This operation is one among others carried out by SILICIUS and aimed to incorporate new shareholders who believe in our long-term project and who contribute with assets that fit our investment policy. We are very happy with the new capital increase because it helps us to reinforce our business plan and to diversify our portfolio of assets”, says Juan Diaz de Bustamante, SILICIUS Managing Director after the capital increase formalisation.
This operation has been carried out two months after SILICIUS closed the previous one, a Є 19,7 million capital increase after acquiring Ibérica Inmobiliaria and three other assets: two retail parks in Parque Oeste, Alcorcón, and Las Matas, all located in Madrid.
SILICIUS is a SOCIMI of the MAZABI´s group which specialises in the purchase and active management of real estate assets that generate long-term, stable income for its shareholders. Silicius is governed by the following principles: conservative investments over the long term, the liquidity of our assets, the payment of an annual dividend and low indebtedness.
Silicius maintains its goal of growth as a result of monetary and non-monetary contributions and scaling corporate operations with a current pipeline of deals in the process to reach the goal of €1,000 million in the medium term.