41 Princesa Street, Madrid

Acquisition of a Retail Space in one of the main commercial streets of Madrid, Princesa 41, next to Corte Inglés and Zara Store. The total  surface of 3,384m2 are distributed in two floors, 1,640m2 (ground floor) and 1,674 m2 (first floor) both with access from street level.

The lease agreement with El Corte Inglés expired in September 2019 and refurbishment works were carried out to divide the space and create two commercial units.

Transaction: structuring of a short-term sale leaseback agreement with El Corte Inglés and, after that add value to the assets through signed leasing contracts with BBVA and BM Supermarkets, optimizing the initial rental income.


41 Princesa Street, Madrid

Date of investment

August 2018


Asset under management

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