Mango sells headquarters in Barcelona for €100M

Mango sells headquarters in Barcelona for €100M

 

This sale is part of Mango's strategy to maximize its assets and raise capital for its expansion.  It’s one of the largest investment operations in the office market in Barcelona this year.  We are talking about 150,000 m2.

With this purchase, a 30-year sale & leaseback operation, Invesco follows its commitment on long-term operations of guaranteed profitability, in this case around 5%. 

 

 

 

 

 

 

Photo: Reuters

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