• Transaction / Assets
    90,000 m2 plot of land (Barcelona)
  • Seller
    Mercedes Benz
  • Buyer
    Conren Tramway
  • € MM

Conren Tramway Acquires 90,000 m2 Plot in Barcelona from Mercedes Benz

9 November 2018 – Press Release

Conren Tramway has acquired an old factory in the Sant Andreu district of Barcelona from Mercedes-Benz España S.A.U. The factory has been active for more than 100 years.

The site on which Mercedes-Benz’s manufacturing facilities were located has a surface area of 90,000 m2 in a privileged setting, between the historic centre of Sant Andreu, the La Maquinista shopping centre, the future Parc del Camí Comtal and the Bon Pastor district.

This area of Barcelona is undergoing a major transformation with the execution of the La Sagrera – Sant Andreu public investment project, which forms part of the Barcelona Metropolitan Strategic Plan to promote the sustainable urban development of 164 hectares in the city. The future real estate development of this unique site will be the subject of in-depth analysis by Conren Tramway, its architects and its urban advisors in the coming months.

Conren Tramway is a real estate investment and asset management company based in Barcelona led by the brothers Jaime-Enrique and Paco Hugas. Conren Tramway invests in real estate operations in Barcelona and Madrid, in the repositioning and development of office, residential and/or mixed-use buildings.

Original story: Press Release

Edited by: Carmel Drake

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