Blackstone buys new project from La Llave de Oro for €100M

Blackstone buys new project from La Llave de Oro for €100M

The office building is being developed by La Llave de Oro, with whom Blackstone has already come to an agreement, report Expansión and EjePrime. It has a total 17.400 sqm office GLA.

The developer bought the terrain in 2018, at Sancho De Ávila street, with a total area of 3.300 sqm. The initial intent was to lease the asset and keep it under the company’s ownership, but it ended up being sold to the American giant.

Iberian Property logo Iberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!