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Zurich Acquires an Office Building in 22@ from Urbania

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The insurer paid between 15 and 20 million euros for the newly constructed building.

Zurich has finalised the acquisition of an office building in 22@ from the developer Urbania, according to Expansión.

The insurer paid between 15 and 20 million euros for the recently constructed building at Calle Sancho de Ávila 105. The asset has 3,927 square metres of floor space and 2,540 square metres of gross lettable area. CBRE and Roca Junyent advised on the transaction.

The space can accommodate 320 workers on six floors. Associated services include a gymnasium, rooftop terrace and electric mobility options. Sancho de Ávila 105 is located 20 minutes from El Prat Airport and 15 minutes from Sants and the Port of Barcelona.

The asset was developed by Urbania and designed by Blanch + Conca Arquitectura.

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