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Värde Partners Agrees €128 Million Sale of Barcelona Office Tower to DWS
March 2, 2021 GMT
MADRID (BUSINESS WIRE) Mar 2, 2021
Värde Partners, a leading global alternative investment firm, today announced it has agreed the forward sale of its One Parc Central office development in Barcelona to DWS for €128 million.
The sale was agreed through Dospuntos Asset Management, a Värde-controlled real estate company in Spain, formed in December 2017 following its carve-out from the residential developer Vía Célere.
Located in the 22@ region in Barcelona, the 23,500 square meter office tower forms part of the city’s major urban transformation project which seeks to establish a new technology and innovation hub in the former industrial area of Poblenou. Construction began in the third quarter of 2019 and is expected to be completed in the third quarter of 2022.
Värde Partners Agrees €128 Million Sale of Barcelona Office Tower to DWS finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.