Grosvenor pays €80M for MB One building in Madrid

Grosvenor pays €80M for MB One building in Madrid

 

The five floor 22.129 sqm GLA building sale was carried out by Blackstone through Chameleon, one society that is included under the socimi Corona, reports ElConfidencial this Monday.

This office building also has outdoor parking, with 381 parking spots and an underground parking lot for 449 vehicles.

Consultants JLL and Savills advised the building’s purchase at Grosvenor’s request. The new owner can count with a stable rental cycle, since this space currently serves as CitiBank’s headquarters.

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