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Blackstone Puts an Office Building in Madrid Up For Sale

The large North American manager has organized a sale process for the property just two years after buying it from the insurer Zurich.

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A sales process has been launched. The North American manager Blackstone has put up for sale one of its large office buildings in Madrid, located just 100 meters from Plaza Castilla.

Only two years have passed since Blackstone bought the property located on Calle Francisco Gervás 10 from Zurich. The building currently houses headquarters of the Family Court. Then, the manager disbursed 70 million euros for the asset, as confirmed by market sources to Brainsre.news.

Read the full article in Spanish.

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