Inmobiliaria Colonial SOCIMI : The Company informs that the last mandatory announcement of the merger with Torre Marenostum, S.L. has been published today in the Official Gazette of the Commercial Registry (BORME)

FOR INFORMATIONAL PURPOSES ONLY. SPANISH VERSION PREVAILS

Pursuant to Section 227 of the restated Spanish Securities Market Act (Ley del Mercado de Valores) approved by Real Decreto Legislativo 4/2015, de 23 de octubre, Inmobiliaria Colonial, SOCIMI, S.A. ("Colonial" or the "Company") hereby discloses the following

REGULATORY ANNOUNCEMENT (HECHO RELEVANTE)

Further to the Regulatory Announcement published on June 14, 2019 with registration number 279192, after the insertion in Colonial's corporate website (www.inmocolonial.com) and the filing with the Commercial Registry of Madrid and Barcelona of the common draft terms of the merger by absorption between Colonial, as the absorbing company, and Torre Marenostrum, S.L.U., a wholly owned subsidiary by Colonial, as the absorbed company, the last mandatory announcement of the merger has been published today in the Official Gazette of the Commercial Registry (BORME), for the purposes of Section 51 of Ley 3/2009, de 3 de abril, sobre modificaciones estructurales de las sociedades mercantiles.

The announcement is also available on Colonial's corporate website (www.inmocolonial.com).

July 19, 2019.