Hispania Activos Inmobiliarios SOCIMI : ACQUISITION OF THE SELOMAR HOTEL IN BENIDORM

Hispania, through its subsidiary BAY Hotels & Leisure SOCIMI, S.A. has acquired the Hotel Selomar with 245 keys, located in Benidorm located in the beach front line,

This transaction has amounted to 15.6 million euro.

The hotel will be subject to a complete repositioning and will be operated by Barceló Group once the refurbishment has been complete, under a lease agreement with a fixed and a variable component.

Madrid, June 19th, 2017.

Hispania was incorporated for an indefinite duration as per its by-laws. However, and according to the prospectus filed in connection with the admission to listing of Hispania's shares on the Spanish Stock Exchanges, the company reminds its shareholders that its initially proposed value return proposal provides for the liquidation of the entire asset portfolio within six (6) years of the admission to listing without the need to submit such proposal to the shareholders for approval (alternatively, a favorable shareholder vote must be sought if the Board of Directors proposes to keep and actively manage all or part of the company's portfolio on a permanent basis).

This is an English translation of the Spanish language document and has been made for informational purposes only. Should there be any discrepancy between the Spanish original and this translation, the original shall always prevail.