• Transaction / Assets
    office building at Avenida Cardenal Benlloch, 67, Valencia
  • Seller
    Goldman Sachs
  • Buyer
    Zriser
  • € MM

Goldman Sachs Sells Office Building in Valencia to Zriser

6 August 2019

Goldman Sachs sold a historic building in Valencia, one which formerly housed Bancaja’s Cemeco data centre, located on Avenida Cardenal Benlloch, 67. The buyer, Zriser, which is owned by Ana and Pablo Serratosa, has lately been one of the most active local investors in the Valencian real estate market. The building has a surface area of about 11,000 square meters, including offices and parking.Naturgy, Indra and Haya Real Estate are all tenants.

The two firms declined to reveal the sales price. Grupo Zriser’s real estate division operates more than 27,000 square meters of offices in five buildings located in different areas of Valencia, with an average occupancy rate of over 90%.

Original Story: Expansión – A.C.A.

Adaptation/Translation: Richard D. K. Turner

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