Uría Menéndez advises on €300 million acquisition of Amazon Spain headquarters
Uría Menéndez has advised IBA Capital Partners and Batipart on the approximately €300 million acquisition of the Prado Urban Business Park office complex in Madrid, sold by Axa.
The asset, located at Calle de Ramírez de Prado 5, houses Amazon’s corporate headquarters in Spain, as well as various offices of the Autonomous Region of Madrid and the Madrid City Council. The high-profile transaction underscores continued investor interest in prime real estate assets in the Spanish capital.
The multidisciplinary team from Uría Menéndez was led by Diego Armero (partner, M&A-Real Estate, Madrid), and included Andrea Sandi (managing associate), Javier Toro (senior associate), and Virginia Porrúa (associate), all from the M&A-Real Estate team. The Banking and Finance aspects were handled by Luis Jiménez (partner) and José María Beneyto (associate), while the Tax team included Víctor Viana (partner) and Ángel Viñas (managing associate), all based in Madrid.
