• Transaction / Assets
  • Seller
  • Buyer
  • € MM

Meridiano Sells Its HQ In Málaga To Grupo Ñarucola

15 March 2017 – Real Estate Press

Aguirre Newman has advised Meridiano (Grupo ASV) on the sale of its headquarters in Málaga, which is located on Calle Olózaga 10, to Grupo Ñarucola. The property has a surface area of 1,400 m2, spread over a ground floor, three upper storeys and an attic.

The asset, which is located next to the central Atarazanas market, has housed the corporate headquarters of Meridiano since 1973. The company, which forms part of Grupo ASV, has more than 80 years of experience and a significant presence across the country, in particular in Levante and Andalucía. The consideration paid has not been revealed.

Grupo Ñarucola is a construction company/property developer that has built more than 2,500 homes and other projects in the province of Málaga and the autonomous cities of Ceuta and Melilla since 1991.

Aguirre Newman has worked as the sole interlocutor on behalf of Meridiano, which has facilitated the success of the transaction. Aguirre Newman considers that an orderly sales process brings transparency to operations and generates benefits for investors and owners alike.

Original story: Real Estate Press

Translation: Carmel Drake