Princesa Street 41, Madrid

Acquisition of a commercial property on one of Madrid's main shopping streets, Princesa 41, next to the Zara and El Corte Inglés department stores. The property comprises 3,311 m2 distributed over two floors, both with street-level access, measuring 1,646 m2 and 1,665 m2 respectively.

Operation: Structuring a short-term sale & leaseback with El Corte Inglés, to subsequently enhance the value of the asset through the signing of lease agreements with BBVA and BM Supermarkets, thus optimizing the overall income of the asset.

 

 

Location

Princesa, 41 Madrid

Date of acquisition

August 2018

State

Assets under management