Matritense Socimi sells an office building in Madrid for €3.5M

Matritense Socimi sells an office building in Madrid for €3.5M

Matritense Socimi, managed by the real estate investment management company BWRE, has announced the sale of a 511 sqm asset at 7 República Argentina Street in Madrid for a price of 3,580,000 euros.

With this latest sale, Matritense Socimi has now sold all the non-strategic assets in its portfolio.

Wynn Williamson, Co-Founder and Managing Partner of BWRE, said: "For 2023 our efforts will be focused on expanding our portfolio of rental housing assets. We are therefore studying new property opportunities in or near the M-30 in Madrid".

In this regard, Eduardo Losada, CEO of Matritense Socimi explains: "We want to offer our investors a safe and clear product such as rental housing investment, which is 100% of Matritense Socimi's assets. That is why we are committed to a reliable strategy that allows us to create a solid portfolio with projection".

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