Transactions Asset Commercialization Transaction /

Belagua Building / Commercialization

Commercial Management of an Office Building located on La Florida, Aravaca (Madrid)

Transaction info.

Transaction Type: Lease
Asset Type: Offices

Adress: Basauri 7-9
City: Madrid (La Florida)
Surface Area: 6.000 m2

Lesser: Eguaras
Tenant: Volvo

Challenge

The property owner of Belagua office building, asset with 6.000 m2 located on La Florida (Aravaca), hired our services for the commercial management of the building just before the moving of the company ONO

The difficult situation of the office market at that time, with an excess of supply and low rent levels, was an important challenge for its commercialization

Success

In just 7 months after the beggining of the commercial management of the building, a record time, we reached an agreement with Volvo España for the lease of the entire building as its new HQ in Madrid.