• Transaction / Assets
    Residential building in L'Hospitalet de Llobregat
  • Seller
  • Buyer
    Optimum III
  • € MM

Optimum III Buys Residential Property in Barcelona For €14.3M

4 December 2017 – Eje Prime

It is proving to be a busy end to the year for the Socimi owned by BMB Investment Management and Bluemountain. Whilst last week, the company closed the purchase of a new office building in Madrid for €10.2 million, as reported by EjePrime, this week, it has completed the acquisition of a residential building in Plaza Europa in Hospitalet de Llobregat (Barcelona). The Socimi has paid €14.3 million for this asset.

Specifically, Optimum III has acquired numbers 1-3 and 13-15 of the towers in the square. In total, the company has purchased a batch of 53 homes, with 53 parking spaces and 17 storerooms. The homes are spread across the two towers, which house 90 units each, according to the Socimi.

These are brand new properties, located on floors 2 to 18. The sizes of the homes range from 60 m2 to 135 m2. The total acquired surface area of the homes amounts to 5,121.53 m2. “All of them are vacant and the idea is to lease them all as soon as possible”, add sources at Optimum.

Optimum III is continuing to increase its portfolio of residential assets. The Socimi’s most recent purchases include a residential building in the Sarrià-Sant Gervasi neighbourhood, in the upper area of Barcelona for €6.6 million. That property is located at number 46 Calle Calaf, in one of the most expensive districts of the Catalan capital (…).

Original story: Eje Prime (by C. Pareja)

Translation: Carmel Drake