Conren buys terrain in Barcelona to build office buildings

Conren buys terrain in Barcelona to build office buildings

 

Construction works should start in 2020 and finish in 2021, according to Eje Prime. The purchasing amount of the building at 163 Almogávers street, as well as the amount necessary for the project development were not disclosed.

As with other projects, Conren plans to add value to the recently acquired asset by investing in it. One example of this is the 33.000 sqm building which is being constructed at Las Tres Chimeneas, in Paral lel avenue in Barcelona.

According to the same newspaper, company’s focus is to invest only in the office markets of the two largest Spanish cities: Madrid and Barcelona.

 

Photo: Eje Prime

Iberian Property logoIberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!