Blue Coast Capital has sold the Áncora 40 office building in Madrid to a real estate fund managed by Deka Immobilien, rented as headquarters by the Just Eat food delivery platform.
Promoted by BWRE and designed by the Buckley Gray Yeoman architecture studio, inspired by avant-garde London architecture, the newly built building combines work spaces with technology, efficiency, safety and respect for the environment and has Leed Gold sustainability certification.
It is located in the vicinity of Méndez Álvaro. It has an area of 7,215 sqm, with a ceiling up to four meters high and capacity for more than 600 people. It has 577 sqm of terraces, in which it combines a natural environment with gardens and seating areas. In addition, it has a cafeteria on the ground floor, 57 underground parking spaces and 61 spaces for bicycles.
"Áncora 40 is our second project to convert industrial buildings into first-class spaces, which respond to new trends in office rentals. The sale of Áncora completes our Tango project, which includes the sale of Áncora 40 and Tánger 66 in Barcelona," said Fraser Denton, managing director of European Real Estate at Blue Coast Capital.
In this operation, Blue Coast Capital and BWRE have been advised by JLL, while the buyer has been advised by Uría Menéndez, Cushman & Wakefield, Cuatrecasas and Drees & Sommer.