AX Partners, a fund specialising in the prime residential market, has acquired an emblematic building located at 438 Diagonal Avenue in Barcelona.
The transaction follows the firm's value add investment strategy, with the objective of rehabilitating and revaluing the asset located in one of the city's most privileged enclaves, on Avenida Diagonal - Pau Claris.
This transaction opens a new investment phase in Barcelona for the company, which plans to invest between 50 and 100 million euros in the revaluation of the Catalan capital over the next three years.
AX Partners is a real estate investment manager that enables private and institutional investors to invest in vehicles, generating high returns on capital with robust guarantees.