CBRE Global Investors completed the acquisition of Z Green Oasis from Glenwell.

CBRE Global Investors, a real asset investment manager, completed the acquisition of Z Green Oasis, a brand-new office campus in Barcelona, from Glenwell, a firm engaged in real estate business. Financial terms were not disclosed. “To cater for the increasing demand for best-in-class office space and de-densification, driven by discerning occupier requirements to provide flexible collaborative space, this acquisition perfectly met our investment strategy for smart, amenitised offices with strong ESG credentials. Barcelona is one of the most vibrant markets in Europe and 22@ one of its most attractive submarkets, and so we anticipate above-average growth and strong returns from this asset," Antonio Roncero, CBRE Global Investors Head of Transactions Iberia.