The new combined REIT (or sociedades anónimas cotizadas de inversión inmobiliaria in Spanish) will own assets valued at €10 billion.
Under the terms of the deal, Colonial owns an 87 per cent stake in Axiare.
The Cuatrecasas team advising Axiare included partners Miguel Trías (pictured) and Gerard Correig, as well associate Guido S. Adlaoui.
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