Barings buys 5 buildings from Meridia for €73M

Barings buys 5 buildings from Meridia for €73M

 

According to EjePrime, this acquisition marks the beginning of the fund's activity in the office market. It had as competitor the American fund Starwood Capital.

According to Expansión, the five buildings have a total of 25,785 m². The remaining 4 buildings are currently owned by GreenOak, which acquired them in 2015 for €40 million from Banco Santander.

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