FREO Spain bought this Grade B office portfolio in partnership with an international Private Equity firm. The portfolio has a total GLA of over 160,000 sqm and 3,400 parking spaces.
Acquisition: November 2019
Completion: August 2022
Rentable Area (m²): 160,000
Certification: LEED, BREEAM, WiredScore
The portfolio is composed of 22 buildings in 8 submarkets in Madrid and Barcelona with over 200 tenants. The assets are dominant properties in their respective submarkets offering a mixture of premium assets and other properties that require extensive asset management.
Freo is responsible for generating value in the portfolio via active asset management strategies including i) integral refurbishments, ii) existing lease renewals iii) granting of ESG credentials and iv) the leasing up of vacant space via multiple marketing campaigns.
La Sierra: www.lasierramadrid.com
Albatros Office Campus: www.albatrosoc.com
Prima Building: www.prima-building.com
Euro Nova Business Park: www.euronovabp.com
City Park: www.cornellacp.com
Sourcing and Acquisition Asset Management Development Management Disposal
Juno Portfolio - Madrid, Barcelona, Spain