Hispania Activos Inmobiliarios, S.A. (CATS:HIS) signed a binding agreement to acquire Grupo Dunas for €75 million on October 20, 2015. Hispania Activos Inmobiliarios, S.A. funded the acquisition through its own funds. In a related transactions, Hispania Activos Inmobiliarios, S.A. (CATS:HIS) acquired 8,125 square meters of office buildings in Madrid and Barcelona for €25.6 million and acquired majority stake in Hotel Holiday Inn in Azca from Leading Hospitality, S.L. and others for €25 million. The transaction is subject to the approval of the creditors’ agreement. Esteban Flores Bernabeu, Fedra Valencia García, Joaquín Garaulet García-Cano, José Luis Rodríguez Jiménez and José M Echeverría-Torres Barbeira of Cuatrecasas, Gonçalves acted as legal advisors for Hispania Activos. The consideration will include payment for debt as well. Hispania Activos Inmobiliarios, S.A. funded the acquisition through its own funds. The transaction is subject to the approval of the creditors’ agreement. Hispania Activos Inmobiliarios, S.A. (CATS:HIS) completed the acquisition of mortgage debt of Grupo Dunas in March 2016. Hispania Activos Inmobiliarios, S.A. (CATS:HIS) completed the acquisition of Grupo Dunas on January 19, 2017.