Hispania Activos Inmobiliarios SOCIMI : COMPLETION OF THE ACQUISITION OF THE DUNAS PORTFOLIO IN GRAN CANARIA

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

The Company has acquired 100% of the shares of Sahara Propco, S.L., owner of four hotels in Gran Canaria, for a total of 1.5 million euro, thus completing the incorporation of the hotel portfolio named "Dunas" into Hispania.

The acquired hotels include a total of 1,183 keys distributed within four hotels: Dunas Don Gregory (4*), Dunas Suites & Villas (4*), Dunas Maspalomas (4*) and Dunas Mirador (3*) located in the Island of Gran Canaria.

The total deployment to complete the transaction has amounted to 77 million euro. This amount includes the acquisition of the mortgage debt of Dunas Hotels & Resort, S.L. announced through the relevant fact number 237.277, dated April 11th, 2016.

Madrid, January 19th, 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).