Ardian to acquire the office building in Méndez Álvaro from BNP Paribas for $55m.

Ardian, an asset management, agreed to acquire the office building in Méndez Álvaro from BNP Paribas, a French international banking group, for $55m. "The Ardian Real Estate team in Spain has been working these last months analyzing many opportunities, and today we can say that we have closed a great deal together with BNP Paribas. For us, Spain, and in particular Madrid and Barcelona, continues to be a very interesting market, and we expect to continue to grow our portfolio in the coming months,” Rodolfo Petrosino, Ardian Head of Southern Europe for Real Estate.