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The project for ACR, located in the Méndez Álvaro area, was designed by Estudio Lamela and will be ready in 21 months.
Colonial's bond issue, maturing in April 2028, carries a coupon of 0.5%.
The building, occupied by various tenants, consists of 12,000 m² of office space, an auditorium for 200 people and more than 400 parking spaces.
The Spanish socimi obtained the support of another 4.2% of the capital of the French SFL. In total, it will pay €84 million in cash and 9,006,155 newly issued shares.