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AXIARE BUYS OFFICE BUILDING IN BARCELONA FOR €19.5M

Axiare Patrimonio acquired an office building in Sant Cugat del Vallés with an area of  17,648m2 for 19.5 million euros, a transaction accompanied by Estrada & Partners, representing the buyer. 

According to news from Spanish Real Estate, the property, especially designed for corporate head offices, is located in the Avenida Can Fatjó dels Aurons, in Sant Cugat, del Vallés, a stone’s throw from the railcar stop at Can Sant Joan, making for easy access from Barcelona. Already installed in the area as tenants are companies the size of Hewlett-Packard, TVE, Deutsche Bank, Banco Sabadell, Mapfre, Nespresso and Gas Natural.

The building also has a modern auditorium with a capacity for 200 people, and parking for more than 400 people.

With this transaction, the socimi is beginning to invest proceeds in the latest capital expansion in one of their pipeline property projects in the February presentation of results