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Catella Asset Management Iberia advises real estate fund to enter Spanish office market by acquiring a 17 mln euros building in Barcelona

The real estate management company Catella Asset Management Iberia has closed the acquisition of an office building in Felipe II Street in Barcelona. The transaction, which has reached an investment volume of 17 million euros has been executed on behalf of the German fund “Sarasin Sustainable Properties – European Cities” managed by Catella Real Estate AG.
The Seller was an investment fund, established and managed on a discretionary basis by the Shaftesbury Asset Management Group, originally acquired the property from Telefónica in 2015. BNP Paribas Real Estate was the exclusive commercial

Source: Catella Asset Management Iberia advises real estate fund to enter Spanish office market by acquiring a 17 mln euros building in Barcelona

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