Transactions Investment Transactions /

Espronceda 32 / Luxury Residential

Sale of the building located on Espronceda 32 St., the former and historical HQ of Agencia EFE, for its refurbish and development into a luxury residential project

Transaction info.

Year: 2016

Transaction Type: Sale
Asset Tipology: Residential

Adress: Espronceda 32
City: Madrid
Surface Area: 10.800 m2

Investment Volume: 32,5 Mill. €
Investor: Eurostone

Description

Advisory to Eurostone Fund in the purchase of the historical HQ of Agencia EFE, located on C/ Espronceda 32 in Madrid which comprised 10.800 m2 a/g and and 230 parking spaces.

The building was acquired to be refurbished and developed into a luxury residential complex, that will be designed by Estudio Lamela, and will have 2, 3 and 4 bedrooms dwellings, 230 parking spaces and 1.700 m2 of commercial surface area

The investment volume of the deal was 32,5 Mill. €