The three office Assets are located in the area of influence of Madrid ‘Nuevo Norte’ and the Clesa Factory refurbishment project in the north of Madrid. CG Capital Europe has acted as exclusive financial and real estate advisor to the Owner.

CG Capital Europe, thanks to its privileged access to investors worldwide, has structured an optimal sales process, was able to attract a top institutional investor based in Spain to the Transaction, optimizing the timing of the sale process for our client and achieving the best possible terms for this landmark transaction.

The office Assets have a total GLA of 12,500 sq.m. and 225 parking spaces. They will experience a comprehensive refurbishment. The capex plan provided covers all necessary actions to transform the Assets into Grade A buildings.

This Transaction has been successfully executed in the current complex global environment for the office sector, still affected by Covid-19 crisis. It has been successfully completed in a record time of less than 5 months.

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.