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Ardian completed the acquisition of an office building in Madrid.

Synopsis

Ardian, an assets manager, completed the acquisition of an office building in Madrid, a property is located near AZCA, which is currently houses the Spanish HQs of a number of multinational companies, including EY, Deloitte, Google and Accenture. Financial terms were not disclosed. “We are very pleased to announce our first investment in Spain. The building’s features and central location - align well with our strategy. The Spanish office investment market continues to be very attractive. Our work will continue to focus on applying sustainability to management and to meet the needs arising from the pandemic with the aim of creating workspaces that adapt to tenants’ current and future needs," Edmund Eggins, Ardian Director in Real Estate.

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