AXA places 8 office buildings on the market

AXA places 8 office buildings on the market

 

According to newspaper Eje Prime, consultant Savills Aguirre Newman will be in charge of selling the assets.

The 8 buildings are part of an office portfolio acquired in 2013 from Generalitat de Cataluya, which also includes five other buildings, the Generalitat keeps occupying these buildings through a long-term lease contract.

In this operation, carried out during a moment of crisis, the French company spent 172 million euro. And given the boost within the real estate market, particularly in large urban centres such as Barcelona, AXA expects to sell these buildings for twice as much as what they cost when they were acquired six years ago.

 

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