We are talking about Arenal Cuatro, a building constructed during the second half of the XIXth century and located on one of the trendiest streets, Arenal street, a few metres away from Puerta del Sol.
The property has 8 floors and a total area of 3.600 m2, with commercial units facing the street and on the first floor, as well as a boutique hotel on the higher floors
Generali Real Estate, which was advised by DLA y Arup, acquired the asset from a private investor through a bidding process. CBRE was the seller’s exclusive commercial advisor.
For Generali Real Estate, this is the second deal to be closed in this area after having acquired a commercial property located at Preciados calle number 9. The asset was completely refurbished and hosts a well known Spanish brand .