Gecina Sells BMW Offices In Madrid For €41m

26 January 2015 – Invertia

The French real estate company Gecina has finalized the sale of an office building in Madrid (Avenida de Burgos) to a SOCIMI managed by IBA Capital Partners.

Gecina was advised by Resource Capital Partners, Jones Lang Lasalle, CBRE and law firm Almagro.

Original story: Invertia

Edited by: Carmel Drake

IBA Capital Partners Acquires an Office Property of Tripark Business Park in Las Rozas (Madrid)

9/01/2015 – Mis Oficinas

IBA Capital Partners has bought the A-Building of the Tripark business park in Las Rozas. The property has a 10.480 sq m gross leasable area (GLA) above the ground level and 407 parking spaces. Moreover, it holds a LEED Gold certificate and it is fully let to supermarket chain Dia.

Following the purchase, IBA Capital Partners closes the first investment tranche of €400 million, comprising assets like the headquarters of Enagas, as well as the central premises of Union Editorial and the Ministry of Foreign Affairs. Also, in its portfolio one may find the ABC Serrano shopping mall and a property of 8.000 sq m of GLA leased to El Corte Ingles in Plaza de Cataluña Square, Barcelona.

 

Original story: Mis Oficinas

Translation: AURA REE