10 Jorge Juan Street , Madrid
Commercial premises of 510sqm distributed over two floors (210 sqm on the ground floor + 300 sqm on the basement floor).
Located in one of the main commercial streets in Madrid, where the main food business and retail brands are situated.
Transaction: The acquisition of the asset was structured as a Sale&Leaseback transaction. The management team saw an opportunity to negotiate an increase of rent through the S&LB contract which was attractive for a future exit.
Status: divested February 2013