Spain

Stoneshield buys three office buildings and three student residences in Madrid

Stoneshield buys three office buildings and three student residences in Madrid

The Juan Pepa and Felipe Morenés fund has acquired six assets in the northern part of the capital, where it has acquired three office buildings and three other student residences.

The fund has acquired three office buildings located at number 3 Cardenal Herrera Oria, number 20 Calle Lezama and the building located at number 9-11 Calle Labastida. The three assets add up to an area of 9,300 square meters.

Stoneshield has also made a firm commitment to the student residence market and, through its subsidiary MiCampus, has closed the purchase of three properties located in the area adjacent to the Faculty of Medicine of the Autonomous University of Madrid and the campus of the Instituto de Empresa (IE), which will add 300 beds.

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