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The Fund Teleno Buys an Office Building in Madrid

The fund managed by Josep Maria Xercavins has acquired a recently-renovated office building in Madrid, which spans an area of 3,000 square metres.

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The real estate fund Teleno Real Estate, managed by Josep Maria Xercavins, has acquired an office building in Madrid. The property spans a surface area of 3,000 square metres and has been renovated recently to adapt it for the production of television content.

Currently, the property is rented to a company owned by the RTL Group, which belongs to the German multinational Bertelsmann, with which it has signed a long-term contract, according to La Vanguardia.

Read the full article in Spanish.

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