CG Capital Europe has acted as the exclusive financial and real estate advisor to the two Sellers of the Assets, a prestigious Spanish-based fashion firm and a private equity investor, in the successful joint sale of two adjacent Prime High Street Retail Assets, located in Calle de Serrano, Madrid, one of the most demanded and recognized locations in the country. Both Assets have a combined surface area of 665 sq.m. (distributed in ground and basement floor).

The Purchaser of the Assets has been a JV between an institutional investor and an insurance company, both based in Spain. The Purchaser will carry out the connection & full refurbishment of the Assets and the selection of a new tenant, in order to turn it into a landmark property in Madrid’s ‘golden mile’.

CG Capital Europe has structured and led the entire complex sale process, including the difficult management of joining both Assets, the definition and execution of the optimal sale process and the relationship between all parties involved in this innovative and complex real estate transaction.

This is a particularly demanding Transaction for the exclusive advisor (CG Capital Europe) in the context of Covid-19, with retail being one of the sectors most impacted by the pandemic.

This Transaction represents another example of CG Capital Europe’s highly successful track record, value-add services and its deep knowledge of real estate & corporate finance markets, having executed since 2012 some of the most relevant investment sale and financing transactions in the Iberian market, positioning the firm as one of the top strategic capital advisors in Southern Europe.