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BNP Finalises Acquisition of Office Building in 22@

BNP's REIM paid 50 million euros for a complex owned by UK&European Investments.

BNP

The investment manager BNP Paribas REIM has acquired an office complex in Barcelona’s financial district. According to Expansión, it paid the former owner, UK&European Investments, €50 million for the asset.

The complex has a surface area of 7,211 square metres. It is LEED Platinum certified. It is located at 66 Calle Tánger and is leased to the technology multinational Hewlett Packard Enterprise.

BNP RE advised the buyer and JLL the seller.

UK&European Investments fund bought the asset in 2016 and carried out refurbishment works to reposition it. Two years later, it was pre-leased to Hewlett Packard Enterprise.

Read the full article in Spanish

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