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Mazabi Puts c/Recoletos 23 On The Market & Does Not Rule Out Selling its Hotel in Atocha

The Spanish manager has put the office building on c/Recoletos 23 in Madrid up for sale for 12 million euros; furthermore, it does not rule out selling its property in Atocha where it is planning to build a luxury hotel.

Recoletos 23 Madrid fuente Mazabi 1

In the midst of an ambitious investment plan, which is expected to amount to 460 million euros in 2021, the Spanish family office Mazabi has decided to divest some of its non-strategic assets.

Specifically, the firm which specialises in the management of family-owned real estate assets has put up for sale an office building located on Calle Recoletos 23 in Madrid. The firm expects to receive around 12 million euros from this operation, according to Juan Antonio Gutiérrez, CEO of Mazabi, speaking to Brainsre.news.

Read the full article in Spanish.

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