José Lladó buys Uría Menéndez future head office in Madrid from Hispania

Hispania and José Lladó, President and majority shareholder of Técnicas Reunidas, reached agreement on the purchase of the property at nº42 da Calle Suero de Quiñones  in Madrid, future head office of Uría and Menéndez. 

The price of this transaction has not been divulged, but market sources quoted by Spanish Real Estate point to a yield of about 3.5%.

The new owner will renovate the property, which will then serve as the head office for the lawyers Úria y Menéndez with a 17-year contract.

The same source reminds us that Hispania, who are selling their office portfolio valued at 512 million euros, at the moment releasing property.