According to the Spanish Real Estate, this is a 35,000m2 property, located at nº12 of Vilanova Avenue, in Barcelona, the former headquarters of the energy company and former thermal power plant. It has been empty for 5 years, and will need renewal works.
The asset is part of the Lone Star portfolio included in the Octopus Project, an Iberian portfolio that the fund and JP Morgan bought from the German mortgage bank Eurohypo in 2014.