EY advises Buenavista on €14M financing for SOKAI
EY advised Buenavista Equity Partners on the provision of €14 million in subordinated financing for the development of the SOKAI Gipuzkoa Hub project, a life sciences-focused infrastructure located in San Sebastián.
The financing, channelled through Buenavista NextGen Urbano and backed by funds from NextGenerationEU, forms part of a €64.5 million funding package secured by SOKAI for the development of the asset in Illunbe.
The project involves a total investment of approximately €80 million and more than 64,000 square metres of built space, combining urban regeneration, health innovation and specialised infrastructure.
The team
The advisory team from EY to Buenavista Equity Partners included Guillermo Crespo and Javier Andueza.