Fuencarral Street 37, Madrid

Commercial premises of 552m2 distributed over three floors (basement, ground floor and first floor).

Located in the pedestrian section of Fuencarral Street, with low availability and high demand from retail operators.

Operation: value add strategy, through the acquisition of a premises leased to Sisley (Benetton Group) with a below market rent, with which its exit was agreed in February 2014. Optimization of the rent with the entry of a new operator (Décimas).

Status: divested in December 2016