According to Expansión, this type of assets "provide very attractive returns in an environment of interest rates at historic lows", mentions the insurance company, which had a real estate assets of €1,265 million at the end of the first quarter of this year, with gains of €476.6 million.
Attention to the purchase of the Silver and Gold buildings of the Luxa complex, at @22 in Barcelona, to Castellví group and Stoneweg, which have Amazon and WeWork as tenants, a purchase worth around €90 million. The insurance company also acquired for €60 million the n.55 at Paseo de la Castellana, in Madrid, fully occupied, to Standard Life.
Plus Ultra or Seguros Bilbao, subsidiaries of the insurance company, also invested in Barcelona or Bilbao.