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Jaba Acquires an Office Building in Madrid

The sale & leaseback operation involves an asset spanning 2,550 sqm, which is partially leased.

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The Socimi Jaba I Inversiones Inmobiliarias has completed the acquisition of an office building in the San Blas Canillejas neighbourhood of Madrid from a technology company. The operation has been closed under the sale & leaseback format.

The asset in question spans 2,550 sqm, divided over four floors for offices and a ground floor with an auditorium and reception. In addition, it has 40 parking spaces. Currently, the property is partially leased to various companies including Telefónica, IBM and Bosch.

Read the full article in Spanish.

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