• Transaction / Assets
  • Seller
  • Buyer
  • € MM

Duro Felguera Buys an Office Building From Gmp For €20 Mn

27/06/2014 – MisOficinas

Duro Felguera is a company specialized in the “turn-key” projects execution rendering services to energy and industrial sectors. The firm acquired an 18.000 square meter area building situated in Vía de los Poblados for €20 million paid to Gmp.

The company aims at saving on costs and gainging visibility of all its branches in Madrid by gathering them in one place and at the same time it wishes to maintain its main headquarters in Asturias. The purchased building stands adjacently to the M-40 ringroad. Duro will relocate in there the following divisions: Oil & Gas (right now found in Las Rozas) and Electrónica (Tres Cantos), as well as several replicated businesses managed from Asturias.

Duro Felguera wants to move to the new offices as soon as possible. The renovation works will begin next week so that the amenities would be in perfect condition in the last quarter of 2014 and the firm could move in in the first quarter of 2015.


Original article: MisOficinas 

Translation: AURA REE