Announced
Completed
Financials
Tags
Friendly
Majority
Real Estate
Spain
Real Estate Holding and Development
Acquisition
Completed
office building
Cross Border
Private
Single Bidder
Synopsis
Generali Real Estate, a real estate core plus fund, completa the acquisition of Step Up office building from CODIC Group, a firm engaged in the development of multifunctional projects, offices and commercial properties on a European level. Financial terms were not disclosed. The asset is a newly built office building, located in Carrer de Pamplona 104, in the prime core area of Barcelona 22@ district. This is one of the most innovative and high-tech districts in Europe and the main and fast-growing destination in Barcelona, sought-after by Spanish and international companies for their offices, but also hosting universities, residences, as well as rich cultural and leisure opportunities.
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