125 Fuencarral, Madrid
Commercial premises of 88m2, located in one of the main shopping streets of Madrid.
Transaction: Acquisition of a commercial property leased to a jewelry store (Iglesia Joyeros) with below-market rent and nearing expiration. Given the tenant's interest in remaining in the property, the management team renegotiated the terms, optimizing the rent to create an attractive exit strategy.
Status: Divested July 2014