27 February 2020 – Brainsre.news
The business complex, which forms part of the Hispania portfolio that the US fund acquired in 2018, has a gross leasable area of 35,000 m2 and 770 parking spaces.
The Dutch bank will be the only tenant of the property after signing an innovative long-term lease structure, according to reports from Europe Real Estate.
The operation, which exceeds €180 million, is the largest to date in 2020 involving a single property. It is the second divestment so far this year by Blackstone, the largest private landlord in Spain, which has put up for sale a selection of homes located outside of the large cities: 6,000 units in total.
Original Story: Brainsre.news
Translation/Summary: Carmel Drake