Pérez-Llorca advises on the purchase of a 3,000 m2 building

Pérez-Llorca has advised Tikehau Capital on the purchase from Urbania of a 3,000 sqm building located in calle Fray Luis de León (Madrid).

Tikehau’s building, which has been fully refurbished by the previous owner, comprises 45 flats and two commercial premises on the ground floor. It is located very close to the Méndez Álvaro office area and the tourist centre of Madrid.

This purchase represents Tikehau Capital’s first investment in the core residential segment in Spain. The company, already present in Iberian real estate, has completed three acquisitions in recent years: two in Spain and one in Portugal.

The Pérez-Llorca team advising on this deal was formed by (pictured from left to right) partner Jesús Varela and lawyers Antonio García and Rocío Blanco.