Cain International Acquires Two Buildings in Madrid for €65 Million

18 December 2019 – Acciona and the Schindler Group have finalised the acquisition of two office buildings in Madrid from Cain International in a deal worth approximately 65 million euros. The two properties are located in the Albatros Business Park complex, in Alcobendas. CBRE advised Acciona and Schindler.

Original Story: El Economista – Alba Brualla

Adaptation/Translation: Richard D. K. Turner

Merlin Properties Sells Portfolio of Office Buildings for €225 Million

2 December 2019 – Merlin Properties announced that it had finalised the sale of a portfolio of 26 office buildings in Madrid and Barcelona to Cain International and the European real estate investment platform Freo Group for 225 million euros. The assets have a total surface area of ​​133,218 square meters, generating a gross rental income of about 11.8 million euros.

Twenty-one of the buildings in the portfolio are located in Madrid, while the rest are in Barcelona. The business parks include the two Muntadas, next to the El Prat airport, the Citypark in Cornellá, the Minipark complexes in Alcobendas and El Plantío in Madrid.

Original Story: Bolsamanía / Europa Press

Adaptation/Translation: Richard D. K. Turner