DLA Piper

DLA Piper advises on the acquisition of two buildings in Madrid

DLA Piper has advised a fund managed by Amundi Real Estate on the purchase of two prime office buildings in Madrid from the real estate fund Therus and BNP Paribas Real Estate Property Development.

The French asset manager closed the acquisition of Alcalá 546, the headquarters of L’Oreal, which operates as a tenant, in December 2022, and Alcalá 544, a 10,500 sqm building, in March 2023.

The DLA Piper Real Estate and Tax teams advising Amundi on this transaction were led by (pictured from left to right) Orson Alcocer, partner in charge of Real Estate; Miguel Baz, partner in charge of Tax; Fátima Rico-Villademoros, senior associate; Alejandro Márquez Carretero, associate, both from the Real Estate department, together with María Alonso, counsel in Tax.

Irina Wakstein