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Offices
Madrid, Spain
Sale
CG Capital Europe has acted as financial and real estate advisor of Asset’s Owner, a leading international institutional investor, CAIN International, on successfully structuring and executing the sale of LaSierra Business Park, located in Mirasierra – Madrid.
The Asset is a recently and comprehensively refurbished, LEED–Platinum and WiredScore certified Office complex with a total GLA of 31,124 sq.m., strategically positioned in one of Madrid’s most established decentralized business hubs.
Building A is already 70% leased to six tenants, while Building B offers substantial lease-up upside as it is being actively commercialised.
This Transaction has been successfully closed in spite of a still complex moment for offices at decentralized locations and Assets’ combined occupancy level at closing date.
CG Capital Europe, as financial and real estate advisor of Asset’s Owner, has been deeply involved in the structuring and execution of an optimal private sale process, contacting investors with different profiles, obtaining several offers, designing a highly professional sale process, finding most adequate buyer, and providing full support to Assets’ Owner and Buyer alongside all phases of deal’s closing process.
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 closed assets’ sale & purchase transactions for over €4.6 billion and financing deals for over €3.3 billion, with a combined c.95% success ratio since 2012.