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Elaia sells building Sants 387 for €11.7M
23 January 2020 | Ana Tavares

Through Flen REIT, Elaia sold building Sants 387, in Barcelona, for 11.7 million euro.

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The asset will be used as an hotel. The deal was closed on the 14th of January. According to the release sent to MAB, the trading price represented around 6.5% of the net worth of the society’s assets on the 30th of July 2019 – 222.1. million euro.

The tourism REIT currently has a total 8 tourism buildings for sale, 55% of its portfolio. According to EjePrime, it also recently sold a 51 tourism apartment building in Barcelona to fund Taleno Real Estate.