18 July 2018 – Eje Prime
The Alantra group’s real estate investment and asset management platform, Alantra Reim, has signed the purchase from the Spanish family office Autocampo of two office buildings in Rivas Vaciamadrid. The properties are located on Calle Marie Curie in the Madrilenian suburb. The amount of the transaction has not been revealed.
The properties are two twinned but independent buildings located on the Rivas Futuras Business Park. The assets have a surface area of 44,000 m2 containing office space spread over two ground floors, six upper floors and a penthouse. The consultancy firm CBRE has advised the operation.
Led in Spain by Luis Iglesias, Altantra Reim has now completed four operations in 2018, a sign of the investor appetite in the Spanish market. “The operation allows the group to gain a presence in the office market and benefit from the recovery in the sector over the coming years”, according to Iglesias.
Original story: Eje Prime
Translation: Carmel Drake