DLA Piper has advised Dutch fund Redevco, one of Europe’s largest private real estate investment managers, on the acquisition of six hotel in Spain and Portugal with an estimated total investment of over €80 million. These assets, which are located in Bilbao, Seville, Malaga, Lisbon and Porto, will form the launch of the Next Gen […]
Andersen has advised Cerro de los Gamos on the sale of the Cristalia 9 building to Vyosa, a well-known company in the real estate sector. The building, formerly the headquarters of Iberdrola Renovables and later Haya Real Estate, has more than 5,000 square metres of floor space and is located in a business park next […]
DLA Piper has advised David Lloyd Leisure, Europe’s leading health and fitness group, on the acquisition of two sports centres in Madrid, located in the ABC Serrano and La Finca shopping centres. Last December, DLA Piper advised the same group, through private equity fund TDR Capital, on the acquisition of three clubs of the Spanish […]
Merlin Properties has acquired the Edificio Serantes, a 2,400 square metre building, from El Corte Inglés, for around 11 million euros. The asset purchased from El Corte Inglés is the property adjacent to the one that the socimi led by Ismael Clemente has at number 11, calle Pablo Ruiz Picasso: the Edificio Solube, a complex […]
CMS Portugal advised Atenor in the purchase of a company that owns a project near the Campo Grande transport interface in Lisbon. The project covers an area of 8,373 m², and enables the construction of a building with about 14,000 m² of offices, 450 m² of retail and even parking. CMS Portugal relied on a […]
Patrizia, a leading partner for global real assets, has invested in a portfolio of purpose-built student accommodation (PBSA) in central Barcelona, on behalf of its institutional clients. With 20,468 sq m of residential space, the portfolio which is income producing from day one consists of two buildings with parking and a total of 635 units. […]
Mutualidad de la Abogacía has announced the sale of a residential centre for the elderly to Adriano Care Socimi, a Spanish socimi listed on BME Growth, specialised in investing in assets for the elderly and managed by Azora. The building, located at Carrer Victor Hugo 10 in Sant Cugat del Vallés, Barcelona, has a surface […]
Kepler-Karst has advised Room Mate on its reorganization and the sale of its hotel business and its management companies to Angelo Gordon and Westmont Hospitality Group. Room Mate filed for reorganization on June 24, 2022, and the Commercial Court No. 14 of Madrid recently approved the transaction. The Kepler-Karst team that worked on this transaction […]
Ashurst has advised Culmia, real estate developer controlled by Oaktree, on a €135,3 m green financing for the development of the 1,763 affordable rented housing units of the Madrid Regional Government’s Vive plan. “Plan Vive” is a public-private partnership program whereby the Madrid Regional Government, under a concession regime of public domain plots of land […]
SRS Advogados has advised Fidelidade – Sociedade Gestora de Organismos de Investimento Coletivo, S.A. on its recent acquisition of Yotel, a hotel in Porto. The operation was completed through the Real Estate Fund IMOFID, held by Fidelidade (49%) and other major Portuguese corporate investors. The total amount of the deal was just over 28 million […]
