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Pérez-Llorca Advises Emperador on Acquisition in Torre Caleido
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3 Articles
Pérez-Llorca advises Emperador on acquisition in Torre Caleido
Emperador Properties, the Spanish SOCIMI backed by Filipino family capital, has completed the acquisition of the remaining 50% stake in Torre Caleido — also known as the Fifth Tower in Madrid’s prestigious Paseo de la Castellana business complex — for €76 million, according to real estate sources. With this transaction, Emperador Properties gains 100% ownership of the landmark development, bringing its total real estate portfolio in Spain to ove…
The tower covers a constructed area of 138,000 m2, including 15,000 m2 of retail, 14,000 m2 dedicated to health and 52,000 m2 dedicated to education.
Emperador Properties Socimi, a family company, of a patrimonial character and of Philippine capital, reports that it has acquired 50% of Caleido, the urban complex located in the heart of the District of the Five Towers of Madrid. With this acquisition the family office reaches 100% of this reference of urbanism in the Spanish capital. Read
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