Alcalá 544 y 546 Buildings, Madrid
Designed by architecture firm Fenwick Iribarren, buildings “Alcalá 544 y 546” have under development 10.000 sqm and 20.000 sqm areas for rental respectively, spread across 6 floors and surrounded by gardens and terraces. Both buildings will be certified LEED B+C Platinum.
Alcalá 546 should open its doors during the fourth quarter of 2022 and is already leased to a «leading company within the cosmetic industry», which signed a long-term leasing deal. The conclusion of the whole real estate project is expected for the first quarter of 2023.
Jean-Marc Coly, Executive Managing Director at Amundi Real Estate, remarked that: «We are delighted with the consolidation of our presence in Spain through the acquisition of “Alcalá 544 y 546” following our first acquisition in 2018 of building Pórtico in Madrid and a second purchase in 2019 with SA65 in Barcelona. This new transaction is perfectly in line with our strategy to invest in Core/Core+ assets and symbolizes the development opportunities the international real estate market offers».