Alantra Leases 5,000 m2 of Office Space in Rivas Futura (Madrid)

27 February 2019 – Eje Prime

Alantra Reim has leased 5,000 m2 of offices in 521HUB, the business park that the company manages in Rivas Futura (Madrid). The complex comprises two twin, independent buildings located on Calle Marie Curie in the Madrilenian municipality, which span a total surface area of 43,500 m2.

With this operation, Alantra Reim, the Alantra Group’s real estate investment and asset management platform, is starting to occupy Building I in this business park, which the company purchased in July 2018 from the Spanish family office Autocampo. The other twin building is leased almost in its entirety, according to a statement issued by the company. This operation has been advised by the consultancy firm CBRE.

The 521HUB business park is located between the towns of Rivas Futura and Rivas Vaciamadrid, just twenty kilometres from Madrid, and has office spaces available from 1,500 m2 up to 17,000 m2.

In addition to its office assets, Alantra Reim, led by Luis Iglesias, also operates a line of business in the hotel segment. Last year, in Spain, it acquired the Islantilla resort in Huelva and Hotel Denia La Sella in Alicante.

Original story: Eje Prime

Translation: Carmel Drake

Alantra Acquires Two Office Buildings in Madrid

18 July 2018 – Eje Prime

The Alantra group’s real estate investment and asset management platform, Alantra Reim, has signed the purchase from the Spanish family office Autocampo of two office buildings in Rivas Vaciamadrid. The properties are located on Calle Marie Curie in the Madrilenian suburb. The amount of the transaction has not been revealed.

The properties are two twinned but independent buildings located on the Rivas Futuras Business Park. The assets have a surface area of 44,000 m2 containing office space spread over two ground floors, six upper floors and a penthouse. The consultancy firm CBRE has advised the operation.

Led in Spain by Luis Iglesias, Altantra Reim has now completed four operations in 2018, a sign of the investor appetite in the Spanish market. “The operation allows the group to gain a presence in the office market and benefit from the recovery in the sector over the coming years”, according to Iglesias.

Original story: Eje Prime

Translation: Carmel Drake