Transaction / Assets Seller Buyer € MM
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