Project Description

EUROPE BUILDING

Acquisition of a vacant position data center and administrative asset in close proximity to Fira de Barcelona facilities (Barcelona Fair for all Technology and industrial events such as MWC). Initial business plan was the refurbishment of property and lease-up but we finally agreed on a sale transaction of this strategic asset to the Ministry of Technology in Catalonia.

Asset Class: Data Center & Offices
Num. assets: 1
Num. tenants: 1
Location: Poligon Pedrosa in Hospitalet, Barcelona
Surface: 15,570 sqm
Investment: € 25 million