Meridia Capital buys Océano headquarters in Barcelona for €19M

Meridia Capital buys Océano headquarters in Barcelona for €19M

Meridia Capital has acquired an office complex at 21-27 Milanesado Street in Barcelona for 19 million euros, according to Euronext Acces Paris.

The building has a surface area of 5,500 square metres, as well as 44 parking spaces. It is a property owned until now by Grupo Océano, a publishing and content generation group.

The publishing company occupies about half of the property, while the other half is rented by third party companies. Meridia's investment is organised as a sale & leaseback, whereby the tenants will remain in the property and Meridia will receive rents.

In any case, the transaction is a commitment by the management company to offices in central areas of Barcelona at a time when this type of asset has achieved greater demand from the market compared to other new business areas.

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