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Hispania's new office building in Madrid

Hispania acquires EUR15m office building from Criteria Caixa Holding

Thu, 10/07/2014 - 14:36

Hispania, through its subsidiary Hispania Real Socimi, has acquired from Criteria Caixa Holding an office building located in c/ Comandante Azcárraga number 3, Madrid, for EUR15 million.

The building has a gross leasable area of 5,137 square metres, distributed in seven floors, plus 194 parking spaces.
The building is located in the Chamartín district, in the northeast of the Madrid. It
The building, dating from 2008, can be used for a single tenant as headquarters or for multi-tenants.
It is adjacent to a building which is part of the Oncisa portfolio, in which Hispania announced the acquisition of a 90 per cent stake yesterday.
“Thanks to this acquisition, Hispania continues the execution of its investment strategy within the office segment by investing in high-quality office buildings in Madrid and Barcelona. We are convinced that these acquisitions will be synergic pieces in the portfolio we are building,” says Concha Osácar, board member of Hispania. 

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