Apple Building, Valencia

Historical building of 1,952sqm distributed over 4 floors.

The asset is located at the crossroad between Colón and Roger Lauria streets, a prime commercial area in Valencia

Transaction: change of use from residential to commercial; refurbishment; search, structuring and negotiation of the lease agreement with Apple for its first urban flagship store in Spain

Acquisition date: 2009 from a private seller in an off-market operation

Divestment date: 2014 to Pontegadea.