• Transaction / Assets
    3,000 m2 of office space in Barcelona
  • Seller
    BBVA
  • Buyer
    Merlin
  • € MM
    15

BBVA Sells 3,000 m2 of Office Space in Barcelona to Merlin for a new Loom Coworking Site

After this purchase, the company will have four coworking spaces in the Catalan capital, all located in buildings owned by Merlin.

The purchase of the office space, owned by BBVA, involved the disbursement of €15 million by the Socimi chaired by Ismael Clemente. The firm plans to invest €3 million more to refurbish the coworking space, according to the newspaper Expansión.

The Socimi expects that the space, which is located at number 8 Plaza Cataluña, where Huawei recently opened an office, will be ready at the end of 2020 or the beginning of 2021.

Original Story:

Translation/Summary: Carmel Drake

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