Mutualidad de la Abogacía has reached an agreement with the developer Tenihabana for the purchase of an office building on the Paseo de la Habana in Madrid. The insurance company already has several properties on this road, among which is the commercial building of Paseo de la Habana 3 and the premises of Concha Espina 18.
The acquired property is located at number 9-11 and has an area of 5,560.40 sqm divided into ground floor, access floor, upper floor, roof and terraces. The operation was closed this Wednesday under a notary public.
"Alternative assets have acquired a capital relevance in the real estate field of our country. Not only do they represent an excellent value for the portfolio of any investor, but they also provide very interesting yields. At Mutualidad de la Abogacía we are committed to continuing to grow in in line with market demands, diversifying our investment in a context where real estate continues to be a safe haven ", states Carlos Pérez-Baz, director of real estate investments at Mutualidad de la Abogacía.
