• Transaction / Assets
    Paseo de la Castellana, 62
  • Seller
  • Buyer
    Pictet Alternative Advisors
  • € MM

Pictet Gathers €700M for its Real Estate Fund and Acquires Castellana 62 in Madrid

27 February 2020 – Brainsre.news

The fund has completed the acquisition of three last-mile (home delivery) logistics assets on the outskirts of London and a high-end multi-purpose building in Madrid, located on the Paseo de la Castellana, 62.

The vehicle focuses on the main gateway cities in Germany, Spain, the United Kingdom and the Nordic countries, and aims to improve the sustainability of the assets acquired using PropTech tools throughout the investment process.

Original Story: Brainsre.news

Translation/Summary: Carmel Drake