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Colonial is about to conclude a €150M purchase
07 November 2019 | Vanessa Sousa

Colonial’s possible last purchase of the year could be concluded soon, a set of assets estimated at 150 million euro.

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These assets are different from the ones the REIT has invested in within the last few years. According to El Confidencial, the assets the REIT intends to acquire are offices within the big business centres of Madrid, Barcelona and Paris.

These assets are part of the set of offices – estimated at 1.000 million euro – which has been under Colonial’s radar over the last few months.

The Spanish REIT also currently has several projects under development estimated at 1.300 million euro.