CG Capital Europe has acted as the Exclusive Advisor to the Owner of the Assets, a Spanish REIT with presence in the office and residential markets, on successfully structuring and executing the sale and financing of three Office buildings, located in an area with high growth expectations within Madrid City.
The office Assets have a total GLA of 10,000 sq.m. and 120 parking spaces and are sited in the north of Madrid, within the area of influence of Madrid Nuevo Norte, selected by the EU as a model for 100% sustainable cities, and the new and modern area of scientific innovation which is currently underway in the former Clesa factory.
CG Capital Europe has brought a UK-based pan European institutional investor into the deal in its first investment in Spain.
This Transaction has been successfully executed in the current complex global environment for the office sector, still affected by Covid-19 crisis.
CG Capital Europe, as the exclusive financial and real estate advisor of the Transaction, has run the entire structuring and execution of the optimal process, contacting investors with different profiles, designing an optimal professional process, finding the most adequate Buyer and optimizing the deal’s conditions.
This Transaction represents another example of CG Capital Europe’s highly successful track record, its excellent long-term relationships and privileged access to equity investors around the world, and its deep knowledge of real estate and corporate finance, having closed deals for over €3,900 million, with a c.95% success ratio, during the last ten years.