Spain

Meridia Capital buys Océano headquarters in Barcelona for €19M

Meridia Capital buys Océano headquarters in Barcelona for €19M

Meridia Capital has acquired an office complex at 21-27 Milanesado Street in Barcelona for 19 million euros, according to Euronext Acces Paris.

The building has a surface area of 5,500 square metres, as well as 44 parking spaces. It is a property owned until now by Grupo Océano, a publishing and content generation group.

The publishing company occupies about half of the property, while the other half is rented by third party companies. Meridia's investment is organised as a sale & leaseback, whereby the tenants will remain in the property and Meridia will receive rents.

In any case, the transaction is a commitment by the management company to offices in central areas of Barcelona at a time when this type of asset has achieved greater demand from the market compared to other new business areas.

Iberian Property logo Iberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!