Perial AM purchased office building in district 22@ for €14.5M

Perial AM purchased office building in district 22@ for €14.5M

This is one of the first keys in hand operations to be carried out in the Northern area of district 22@ in the city of Barcelona during the market cycle, as revealed in a release from consultant BNP Paribas Real Estate, which advised the operation.

The building, located at Bolivia 250 street, will be delivered during the second quarter of 2021, following a refurbishment and a LEED certification. The operation was developed by Albion Real Estate Management which has a long trajectory with multiple projects in 22@. BNP Paribas Real Estate and Pérez Llorca advised this operation on behalf of the seller and L’Etoile Properties, DLA Piper and Artelia advised the buyer.

«At BNPPRE we are very happy with the entrance of Perial AM in the Spanish office market. This key in hand operation shows the clear dynamics of the Northern Sector of 22@ which has become, during the last 18 months, an attractive area for national and international investors as well as for users», declared Benjamín GÓMEZ, Co-Head of Capital Markets at BNP Paribas Real Estate.

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