Blackstone buys the headquarters building of Planeta in Barcelona

Blackstone buys the headquarters building of Planeta in Barcelona

 

After the operation, Planeta will remain as a tenant in the building with 28,000 m² and is located at Diagonal de Barcelona.

Hemisphere should sell the property before September to avoid its transfer to Banc Sabadell. The owners of the building launched a few months ago an express auction to transfer the asset, but the price expectations exceeded the market offers, which Blackstone has exceeded. Sabadell offered, according to La Vanguardia, €170 million, an amount equivalent to the value of the mortgage, approximately.

The Lara family took the asset in 2001 for €92 million. Its previous owner was BBVA.

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