Pérez-Llorca Advises InmoCaixa on the Acquisition of Estel Building in Barcelona
5 Articles
5 Articles
InmoCaixa, the real estate division of CriteriaCaixa, has closed the purchase of the building Estel, the current headquarters of AstraZeneca in Barcelona. The operation is located around 385 million euros, according to sources the market, and represents the largest transaction for a single building in the Barcelona office market.Continue reading...
The asset, with 52,000 m2 of SBA, stars in the largest operation by a single asset in the office market in Barcelona to date.
Pérez-Llorca advises InmoCaixa on the acquisition of Estel building in Barcelona
InmoCaixa, the real estate arm of CriteriaCaixa, has completed the acquisition of the Estel building in Barcelona (on Avinguda de Roma). With a leasable area of 52,000 square metres, it is the largest office building in Barcelona, according to ImmoCaixa, which was advised by Pérez-Llorca. The building’s main tenany is AstraZeneca, and it also houses other companies. The Pérez-Llorca team involved in the transaction comprised Gerard Serra, corpor…
InmoCaixa closed the acquisition of the Estel building in Barcelona from international investment firms Bain Capital and Freo Group for 385 million euros this Friday. According to the sellers, it is the largest transaction in terms of amount for a single property in the Barcelona office market to date. In a statement, the real estate subsidiary of CriteriaCaixa explained that the complex, which is currently the headquarters of the pharmaceutical…
The real estate subsidiary of Criteria, InmoCaixa, has closed the purchase of the Estel building to international investment firms Bain Capital and Freo Group. Market sources have confirmed to this medium that the sale price has been 385 million euros. With 52,000 square meters of rentalable area, it is the largest office building in Barcelona. The operation had the advice of CBRE. Read more: CriteriaCaixa achieves 80 million from the EIB to bui…
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