CBRE Global Investors acquires Madrid offices

CBRE Global Investors acquires Madrid offices

Published at: 2017-01-25 10:08 | Author: CIJ Journal
CBRE Global Investors has acquired 1 Plaza Colon Madrid from owner-occupier Barclays Bank. The building offers 3,910 sqm of space and is located at the intersection of Paseo de la Castellana and Paseo de Recoletos. The cost of the deal was not disclosed. “This represents our third acquisition in Spain over the past 12 months bringing the total invested to over €200m. We have ambitious plans for this asset and significant dry powder for retail, office and logistics on behalf of our clients during 2017 across EMEA,” said John Mulqueen, head of transactions for EMEA at CBRE Global Investors.

Similar Stories:

Savills named leasing agent for Innova Work Station, Signum Work Station
Savills has been appointed executive leasing agent for Innova Work Station (formerly Trini  »
Savills: Czech property investment to slow in 2019
European real estate investments will continue during 2019, with a total of €230bn in tr  »
Demire profits skyrocket in strong 2018
Germany Property company DEMIRE Real Estate AG completed 2018 with significant improvement  »
Veeam recruiting for Prague IT development center
The Swiss cloud data storage company Veeam Software is on course to build a development te  »
Office developers in Warsaw can’t keep up with demand lately. Take-up hit record levels   »
The developer Speedwell spent the fall finishing up projects and starting construction on   »
Together with a Hong Kong-based private investment fund, Wigan Associates has acquired the   »
Budapest has long protected its skyline jealously. As a city, the recognized UNESCO herita   »