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Merlin Sells Endesa’s HQ In Málaga To Family Investor

17 May 2017 – 20 Minutos

The consultancy firm Aguirre Newman has led the sales operation of Endesa’s headquarters in Málaga, a property owned by Merlin Properties and located on Calle Maestranza, number six, in the La Malagueta neighbourhood.

The building, which is leased to the electricity company, has a gross leasable area of 2,046 m2 and was constructed between 1930 and 1940. The asset may be used for compatible purposes in additional to its existing use as offices and it will continue to serve as the headquarters of the energy company in Málaga.

Merlin Properties, the leading listed real estate investment company (Socimi) in the acquisition and management of tertiary real estate assets on the Iberian Peninsula, entrusted the sales process of the real estate asset to Aguirre Newman, according to a statement from the consultancy firm. (…).

According to several sources in the sector, the buyer is a family investor.

Original story: 20 Minutos 

Translation: Carmel Drake