Axiare Patrimonio sells a prime office building in Madrid for €30M

Axiare Patrimonio sells a prime office building in Madrid for €30M

 

The sale price represents an increase of 82 percent compared to the purchase price in 2014 and of 5 percent with respect to the last valuation, of June 2017. This prime building, which houses the offices of the Embassy and the Consulate of the Argentine Republic, is located in the CBD (Central Business District) of Madrid.

The socimi has counted in this operation with CBRE as commercial advisors and with EY as adviser in legal matters.

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