Deloitte Legal has advised Grupo Sacresa in obtaining financing from Banco Santander for the development of a tower with a hotel license in the Finestrelles sector, in Esplugues de Llobregat (Barcelona)
Emesa and Sacresa reactivate Finestrelles. With a joint investment of 270 million euros, Emilio Cuatrecasas’ holding company and the Catalan developer will carry out one of Barcelona’s major real estate projects.
There will be a total of six buildings, including two twin towers of 23 floors and 20,000 m2 each, which will be developed by Emesa and Sacresa. The first will be an office building and the second will be for hotel use, with a capacity for five hundred rooms.
The corporate M&A team of Deloitte Legal that has advised on this transaction was formed by Ignacio Echenagusia (partner), José Manuel López (senior associate), Maria Teresa Sanahuja (associate) and Maria Isabel Pérez Dobarro (associate). The public law and urban planning team of Deloitte Legal that has advised on this transaction was formed by Salvi Pagés (partner), Fernando González Hernández (senior associate) and Roger Clemente Soler (associate). Likewise, the transaction has been advised by the Financial Advisory team.