Ardian to acquire the Calle Zurbarán 28 from Patrizia.

Ardian, a private equity firm, agreed to acquire a residential redevelopment property located at Calle Zurbarán 28 in Madrid, from Patrizia, an investment manager. Financial terms were not disclosed. "We are excited about this latest investment in Spain. This project reflects our trust in the local real estate market and our dedication to developing high-quality real estate locally. We firmly believe in Madrid's potential as a dynamic and growing city center and want to contribute to the development of the city with innovative and sustainable projects.” Edmund Eggins, Ardian Managing Director Real Estate.