This operation – which was advised by Cushman & Wakefield and Hogan Lovells – is part of the company’s current business strategy, which consists in creating added value for the assets it purchases. Thus, this 3.550 sqm building will be refurbished and later placed on the market, revealed newspaper El Economista.
Another example of this strategy is the company’s refurbishment of office building Juan de Mariana, which was acquired 2 years ago to be refurbished and traded. Catalana Occidente is the building’s current owner.