• Transaction / Assets
    co-working development at Calle Sancho de Ávila, 65
  • Seller
    Conren Tramway
  • Buyer
    Amundi
  • € MM
    56

Amundi Acquires Co-Working Project from Conren Tramway for €55 Million

25 July 2019 – Richard D. K. Turner

Amundi, a major French asset manager, acquired an office building under development at Calle Sancho de Ávila, 65, in Barcelona’s @22. The firm paid Conren Tramway 56 million euros for the building, which is still under construction.  The building, however, has already been fully leased by Wojo, a French co-working firm owned by Accor.

The 7-floor building will have 8,300 square meters of surface area, parking facilities, storerooms, changing rooms and a rooftop terrace. Conren Tramway recently signed a leasing agreement whereby the Wojo will take over the property at a rate of  22.3 euros per square meter per month

Amundi’s operations in Spain began last year with its acquisition of the Portico building, in Madrid’s Campo de las Naciones, for approximately 130 million euros.

Original Story: Expansión – Marisa Anglés

 

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