According to TRIUVA, this classicist building has an area of 6.730m2. Adidas has occupied the ground floors since 2016, and the upper floors are currently let to the NH Collection Hotel, now being refurbished.
Manuel DeVigili, Head of Investment Management at TRIUVA, states that «this property is situated on one of the best retail pitches in Europe. Its location and the outlook for prime retail destinations in Spain offer our investors significant potential for rental growth».
The details of this off-market purchase from Iberfin Capital, owned by the Andres Puyol Family, have not yet been revealed.
TRIUVA currently manages almost 10 billion euros of European property investments on behalf of institutional clients.