• Transaction / Assets
    Paseo de la Habana, 3
  • Seller
    Grupo Millenium
  • Buyer
    Mutualidad de la Abogacía
  • € MM
    23.4

The Lawyers’ Mutual Society Buys Paseo de la Habana, 3 for €23.4M

3 April 2019 – El Confidencial

Grupo Millenium has sold an office building on Paseo de la Habana, 3, in Madrid to the Mutualidad de la Abogacía (Lawyers’ Mutual Society) for €23.4 million. In fact, the deal was signed in April 2018, but has only just come to light after the Mutualidad published its annual accounts for last year.

The building has been completely renovated and is leased in its entirety to Gunni & Trentino, the Spanish company specialising in high-end interior decoration, which houses its headquarters there. The property is located in a prime area, just 100m from Paseo de la Castellana and Nuevos Ministerios, and comprises 3,000 m2 distributed over five storeys.

Original story: El Confidencial (by E. Sanz)

Translation/Summary: Carmel Drake

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