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Transaction / Assets 2 office buildings in Valencia and SevillaSeller Deutsche BankBuyer Mazabi€ MM 70
Mazabi Buys 2 Office Buildings in Valencia & Sevilla from Deutsche for €70M
23 March 2020 – Brainsre.news
The buildings, which are both leased to BBVA, span a combined surface area of 19,261 square metres and have 65 parking spaces.
Mazabi has purchased two office buildings located in prime areas of Valencia and Sevilla for €70 million. Both properties were owned by investment funds of Deutsche Bank, according to El Confidencial.
The two buildings have a combined surface area of 19,261 square metres and 65 parking spaces. Both are leased to BBVA, which has guaranteed the operation with its rental income. The bank has also provided the necessary financing to the multi ‘family office’ led by Vicente Gómez de la Cruz and Juan Antonio Gutiérrez.
Original Story: Brainsre.news
Translation/Summary: Carmel Drake