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IBA Capital Buys Enagas´s Central Office in Madrid For €35 Mn

1/08/2014 – MisOficinas

The Spanish investment fund has acquired a 17.000 square meter office building for €35 million paid to KanAm. The German fund bought the property in 2005 for €45.5 million.

IBA Capital can now add the new building to its portfolio consisting of six properties located in Madrid and Barcelona:  the ABC Serrano shopping center, the headquarters of Unedisa, El Corte Ingles´s buildings on the Plaza de Cataluña square and the Preciados street and the Torres Agora.

 

Original article: MisOficinas

Translation: AURA REE

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