The Swedish real estate investment fund Europi Property Group and Kefren Capital Real Estate have launched a joint venture focused on office assets. This vehicle will have an initial investment capacity of €150 million.
The joint venture will focus on high quality and class-A properties in Madrid and Barcelona.
The vehicle’s first purchase was Servihabitat’s headquarters in Barcelona. The complex, Esplugues 225, is a strategically located office building with a total above-ground area of 9,500 square metres and 206 parking spaces. It is currently 90% occupied.
