The management company CBRE will participate in public tenders by Spain’s various regions to build a portfolio of rental properties.
The financial institution BBVA exercised its put option with Cerberus, which already owns the remaining 80%.
Royal Metropolitan executed a sale & leaseback operation, receiving 35 million euros. The insurance company Liberty will continue to lease half of the complex.
The office building, which Generali Real Estate sold, has a surface area of 4,086 m2 and is located in the neighbourhood of Justicia.
Newdock has already studied projects that will allow it to reach 750,000 square metres of gross leasable area.