Hispania Activos Inmobiliarios SOCIMI : ACQUISITION OF A HOTEL IN MÁLAGA

HISPANIA ACTIVOS INMOBILIARIOS SOCIMI, S.A. ("Hispania" or "the "Company"), pursuant to article 17 of Regulation (EU) 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse, and in article 228 of the restated text of the Spanish Securities Market Act, passed through Royal Legislative Decree 4/2015, of 23 October 2015, hereby discloses the following SIGNIFICANT INFORMATION

Hispania has acquired the NH Málaga, a 4-star category hotel with 133 keys and 1,213 sqm of event area, located in Málaga's city centre.

This transaction has amounted to 41 million euro, ofwhich 23 million euro have been fully disbursed with Hispania's own funds for the acquisition of the existing hotel. Furthermore Hispania has also reached an agreement to expand the hotel by 112 additional keys, which will require an additional investment of 18 million euro. Once completed, the hotel will consist of 245 keys.

Madrid, February 9th, 2017.

Hispania Activos Inmobiliarios, SOCIMI, S.A. LEGAL NOTICE

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).