Thor Equities buys property in Madrid for €50M

Thor Equities buys property in  Madrid for €50M

According to the same source, this is a commercial building with two floors: the ground floor has a commercial area of  522 square metres and the lower floor 470 square metres, with facade for display of 15.2 metres long. Futbolmanía will continue as the tenant.

The fund is now the owner of three assets in this street in Madrid, where other prestigious stores like  Apple, Sephora, Pull&Bear,  Zara and Mango are also located.

Present in Spain since 2015,  Thor Equities’ strategy in Spain concentrates on the acquisition of assets in the prime zones of Madrid, for them then to become  the flagship stores for national and international operators without a presence in the Spanish market.  More recently, Thor Equities bought the property at number 18 in the Calle Fuencarral,  in a deal worth 20 million euros.

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