• Transaction / Assets
    Hexagon Glòries office building
  • Seller
  • Buyer
  • € MM

Metrópolis Buys Hexagon Glòries Building in Barcelona for €50M

27 December 2018 – Idealista

Metrópolis is backing the 22@ district with new purchases. The fund led by Pere Bosch and in which the following Catalan businessmen, amongst others, hold stakes: Miguel de Navas, Oriol Tomas Carulla, Javier Ferrero, Yolanda Bassat, Rafael Tous Godia and Javier Carrasco, has invested €50 million in an office building under construction, promoted by the real estate company Brilten and located in the district of Barcelona.

The asset, known as Hexagon Glòries, due to the shape of its façade, has a surface area of 10,000 m2. Last summer, Brilten announced that it was planning to spend €35 million on the construction of the property, an amount that included the acquisition of the land, according to reports from Expansión.

The building has been designed by the architect firm Batlle i Roig and will be finished by the middle of 2019. In addition, Brilten already owns other assets in 22@ such as, for example, the Twentytú hostel.

This is the first purchase that Metrópolis has made in the Catalan capital’s technology district. The investor vehicle acquired its last property in 2017 when it purchased the Can Ametller business park for €35 million. Nevertheless, all indications are that the fund’s next investments could be in Madrid and even in other European cities such as London or Paris.

Original story: Idealista 

Translation: Carmel Drake