84 Gran Via (España Building), Madrid

Edificio Inbest Real Estate

Asset with a commercial area close to 15,000m2 located in Gran Via 84 (Madrid) on the lower floors of the Edificio España (Hotel Riu of 4 stars),  inaugurated in 2019.

Located in one of the most exclusive areas of Madrid, between the streets of Gran Vía and Princesa creating its own commercial center.

The asset has become a first – class tourit attranction with the rooftop at the RIU Hotel and re-opened Plaza España in November 2021, where the Citiy Council invested more than  euros 70 million  on its reform.

Signing a Lease Agreement with ZARA and STRADIVARIUS for the upcoming opening of two of the most representative flagships, nationally and internationally, together representing more than 9,000m2.

Operation: creation of commercial flaghsips between 1,000m2 and 8,000m2 for first class tenants, identification of potential operators, structuring and negotiating of lease contracts.

Location

Plaza España (Madrid)

Date of investment

January 2020

Status

Asset under management

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