Starwood should acquire Las Mercedes for €200M

Starwood should acquire Las Mercedes for €200M

 

Consultant CBRE was also taken part in this operation, supporting the sale of the asset.

With this operation, Starwood adds to its portfolio a 9 office building complex within the Spanish capital with a total combined area of 79.000 sqm and 1.650 parking spots.

This information was reported by Spanish newspaper Expansión, which in its print edition recalls that these assets were purchased by asset management company GreenOak in 2016, for 140 million euro from Standard Life.

The same information was confirmed by Mercado Alternativo Bursátil this Wednesday.

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!