GreenOak buys the Vallsolana business park for €25M

GreenOak have bought the Vallsolana Garden Business Park, in Sant Cugat del Vallès, in Barcelona, from UBS Real Estate for 25 million euros. 

Jason Clark, from Cushman & Wakefield, who collaborated in the transaction, commented, “This project demonstrates not only the demand for investment in Barcelona real estate, but also the confidence in the Sant Cugat market, which has improved greatly in recent years in terms of take up, rents and the increase in the occupancy rate. Cushman & Wakefield have played a leading part in the project from the start, as managers of the park, in the search for tenants and our mediation in the sale,” quotes Spanish Real Estate, who published the news.  

This project comprises 19,617 square metres over two integrated Class A office buildings which are independent of each other, with 4 floors including a garden. Tenants can enjoy pádel courts, a gymnasium, games room, auditorium and a lounge. There are also 403 parking spaces, 248 underground and a further 155 at ground level.

Adidas, Everis and Eurofragance are some of the firms at present occupying the building.