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IBA Capital Finalises the Purchase From Blackstone of its Office Complex in Glòries

The Glòries office complex, located in Barcelona and valued at 120 million euros, comprises three buildings with a combined surface area of more than 21,500 square metres.

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The American firm Blackstone is finalising the sale of its Glòries office complex in Barcelona. The investment fund is negotiating the operation exclusively with the real estate manager IBA Capital Partners, according to market sources speaking to Expansión.

The complex is located above the Barcelona Glòries shopping centre, which is owned by the giant Unibail-Rodamco-Westfield, and opposite Torre Glòries (formerly Torre Agbar). The Glòries complex comprises three buildings, which have a combined surface area of more than 21,500 square metres. The buildings are distributed between Carrer Ciutat de Granada, Avenida Diagonal and Gran Vía.

Read the full article in Spanish.

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