ACCIONA sells its stake in Testa for €379 million

Our foundation: acciona.org

Initiatives we support

Our strategy

Sustainable Development Goals

Climate emergency

Social development

Sustainability indices

Sustainable Development Alliances

Technology and innovation centres

Open and collaborative innovation

Digital hub

Innovation projects

Job offers

Graduates and internships

Diversity, equity and inclusion

Safety, health and well-being

Training

Selection process

Energy

Transport

Water

Social

Cities

Real Estate

Financial

Integrated annual reports

Annual accounts

Results, reports & presentations

Average period of payment to suppliers

Ratings

Share price

Dividends

Analyst opinions

Investor calendar

General Shareholders' Meeting

Board of Directors and Committees

Management team

Share capital

Annual Corporate Governance Report

Director remuneration

Governance rules and compliance

Framework Agreement

CNMV Communications

Sustainable finance

Corporate

2018-10-08

Blackstone will pay 14.3267 euros per share

ACCIONA has reached an agreement to sell its entire stake in Testa Residencial (20%) to Blackstone. The transaction is valued at €379 million, representing a value per share of €14.3267.

The transaction will be closed once Blackstone has received the necessary authorization from Spain’s competition authorities to take over at least 50.01% of Testa’s capital.

In July 2017, ACCIONA reached an agreement to integrate its residential rental portfolio within Testa with the aim of maximizing the profitability of its assets.

INFORMATION ON DATA PROTECTION

In compliance with Regulation (EU) 2016/679 on Data Protection and with other Data Protection regulations in force, you are hereby informed that your personal data shall be processed by Acciona, S.A. (hereinafter “ACCIONA”), whose identification data are as follows: Tax ID No. (NIF): A08001851; Address: Avenida de la Gran Vía de Hortaleza, 3, 28033 (Madrid); Tel. No.: +34 91 663 28 50; email: protecciondedatos@acciona.com. Your data shall be processed in order to send you information, through the subscription to our Newsletter through electronic means, regarding our services, products, activities and news pertinent to our activity sectors.

The consent given by the data subject by indicating that they have read and accept this data protection information comprises the lawfulness of processing. The data provide is your email address. If you fails to provide the required data, the subscription Request cannot be satisfied. We may also process your satisfaction or preferences, if you voluntarily respond to surveys. Data shall be stored until the elimination is requested.

In order to carry out our purpose, we may give access to your data to service providers (such as technology service providers) who assist us in fulfilling this purpose. Some of its service providers, may be located outside of the European Economic Area in territories that do not offer a level of data protection that is comparable to that of the European Union. In such cases, we transfer User data with appropriate safeguards and always ensuring the security of the same.

The data subject can exercise their rights of access to or rectification, erasure or portability of their data, and/or the restriction of or objection to the processing of such data, by contacting Acciona, S.A. by writing the Department of Data Protection located at Avenida de la Gran Vía de Hortaleza, 3, 28033 (Madrid) or by sending the form available in the link:

FORM

If we consider it necessary in order to be able to identify you, we may ask you for a copy of an identity document. Furthermore, at any time the data subject may withdraw the granted consent by contacting the aforementioned address and file a claim to the Supervisory Authority (Agencia Española de Protección de Datos www.aepd.es). You can also unsubscribe from the Newsletter communication.

For any further information you can visit the Privacy Police on the website https://www.acciona.com/privacy-policy/.