C/ Colón 1 & 7, Valencia

Inbest Real Estate Building

Asset consisting of:

  • Commercial premises of 7,311m2 on 5 floors (Colón, 1)
  • 84 underground parking spaces not associated with the commercial area (Colón, 1)
  • An office building with 1,878m2 of constructed area distributed over 8 floors without a facade facing Colón street (Colón, 7)

Located at Colón, 1, the main commercial street of Valencia.

Signing of Lease Agreements with LEFTIES and STRADIVARIUS, very representative at a national and international level.

Operation: Long-term sale and leaseback agreement with El Corte Inglés and creation of: i) two additional flagship stores facing Colón Street; ii) optimization of parking spaces; and iii) enhancement of the 1,878m2 building. Identification of potential top-tier tenants, structuring and negotiation of lease agreements.

 

Location

C/ Colón 1 & 7, Valencia

Date of acquisition

February 2019

State

Assets under management