These assets are different from the ones the REIT has invested in within the last few years. According to El Confidencial, the assets the REIT intends to acquire are offices within the big business centres of Madrid, Barcelona and Paris.
These assets are part of the set of offices – estimated at 1.000 million euro – which has been under Colonial’s radar over the last few months.
The Spanish REIT also currently has several projects under development estimated at 1.300 million euro.
