Cuatrecasas advises Ardian on its first RE investment in Spain

Cuatrecasas has assisted French fund Ardian with the completion of its first Real Estate transaction in Spain with the off-market acquisition of an office building in Madrid

The office building, located near the Azca area of Madrid, is occupied by a single institutional tenant and has approximately 10,000 square metres of leasable space and over 150 parking spaces.

The investment has been carried out through a dedicated investment platform controlled by a real estate Sicaf, owned by Ardian and managed by Prelios SGR.

A Cuatrecasas team comprising partner Pedro Amat (pictured top left), counsel Brígida Galbete (pictured top right), partner Gerard Correig (pictured middle left), partner Ana Gamazo (pictured middle right), and associates Alessandro Jones (pictured bottom left) and Claudio Hoyos (pictured bottom right) advised on the design and implementation of the investment structure, together with the law firm Chiomenti.