Colonial builds a new office building in Barcelona with €77M

Colonial builds a new office building in Barcelona with €77M

This is the biggest project in ‘key in hand’ offices in Barcelona in the recent years, and should be listed by mid 2018. This project is part of the investment plan announced by Colonial in 2016,and was acquired by this group from the Benson Elliot fund for 45 million euros, while 32 million euros will be needed for construction. According to Spanish Real Estate, the new property will have an area of 24.500 square metres over 17 floors, without columns, each floor measuring about 1,800 square metres.

The building is located at 150 Calle Ciutat de Granada, next to the Plaza de Glòries, and was designed by the studio Batlle i Roig Architecture and will also have terraces with gardens.

The property already has a pre-rental agreement with the Norwegian group Schibsted, which will occupy 10,200 square metres over six floors, the biggest pre-rental agreement in Barcelona in the past 10 years for a building still under construction. Schibsted, owner of portals such as Infojobs, Vibbo, Fotocasa, Habitaclia, Milanuncios and Coches.net, will bring tohether in one main office the three buildings which it occupies currently in the Barcelona area.

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