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The French Manager Elialys Purchases Offices in Valladolid for €19.5 Million

The property acquired by the Socimi currently houses BBVA's regional headquarters in Castilla y León.

palacio ortiz vega valladolid

The French real estate investment company Elialys, which belongs to Advenis Real Estate Investment Management, has purchased the building in Valladolid where BBVA’s regional headquarters in Castilla y León is currently located from a private investor, according to the newspaper Eje Prime.

The property has been acquired for 19.5 million euros and comprises two independent buildings. The main one is the well-known Palacio de Ortiz Vega dating back to 1860; the other property is an annex that was built in the 1970s.

Read the full article in Spanish.

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