Monday, October 26, 2020
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The German Fund GRC Makes its Debut in Spain with the Purchase of Metro’s HQ

The fund Global Realty Capital (GRC) has closed its first purchase operation in Spain, a market where it aspires to become a leading investment firm in the coming years.

The Global Realty Capital (GRC) fund has reached an agreement with the Socimi Domo Activos for the acquisition of the building located at Calle Cavanilles 58 in Madrid, which currently houses the corporate headquarters of Metro de Madrid.

The property has a total constructed surface area of approximately 4,600 m² above ground for offices and 729 m² below ground. The agreement includes an extension of the building’s surface area to reach a total of 8,250 m² above ground and 3,700 m² below ground.

Read the full article in Spanish.

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