Partners Group sells building Santa Leonor 39 in Madrid

Partners Group sells building Santa Leonor 39 in Madrid

This operation, which was concluded last February, was now announced by consultant Savills Aguirre Newman, which advised the seller.

This 4.024 sqm office building is located at number 39, Santa Leonor street, in Madrid, and it offers 71 underground parking spots. It is fully leased to Suez-Agbar, as revealed by Resource Capital Partners. The building was developed by Bouygues Inmobiliaria and owned by IVG, Meridia, as mentioned by the new owner in a note published on its official webpage.

This is the third divestment operation Partners Group carries out during this year alone. The sale of buildings Med I and Med II in Barcelona to Spanish family office Barcelonesa de Inmuebles for 25 million euro was one of the operations concluded this year. The other was the sale of building Globelas 35-37, also located in the Spanish capital to Spanish Advenis Real Estate Investment Management.

This was Resource Capital Partners’ first purchase in Spain during 2020. After this purchase, the Swiss company bought a touristic apartment building, located in the Universidad Malasaña neighbourhood of the Madrid Centro district. The property includes 42 apartments and is let on a long-term compulsory lease to a touristic apartment local manager.

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!