Núñez i Navarro Invests €4.2M In Office Refurb

1 December 2017 – Eje Prime

Núñez i Navarro is strengthening its commitment to the office sector. On Thursday, the real estate developer presented a new office project in L’Hospitalet de Llobregat (Barcelona). The building in question is the Marina Factory, whose remodelling is going to involve an investment of €4.2 million.

The work on the property will be completed in March next year, after 19 months. The asset, located at number 450 Rambla Marina, has six floors measuring 1,200 m2 and 1,430 m2 and two retail premises. In total, it has capacity to house 1,000 people throughout its 10,000 m2.

The Marina Factory is located in an up-and-coming area of L’Hospitalet de Llobregat. The boost from Plaza Europa, which is two kilometres away from the office, has converted the area into a first-rate office district, with companies such as the perfume group Puig, the consultancy firm KPMG and the group Gallina Blanca choosing to locate there.

Núñez i Navarro is one of the largest Catalan property developers and one of the companies in the sector that has best overcome the crisis, with a policy of low indebtedness.

Original story: Eje Prime

Translation: Carmel Drake

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