Office building in Barcelona.
Description
Building with an area of more than 3,000 m².
Deal Structure: Sale & Leaseback.
Financial performance
The yield is 5% (approx.).
Tenants
The tenant is a major Spanish telecommunications company.
The lease agreement will be concluded for 10 years with a mandatory execution period of 5 years.
Transaction costs
The brokerage fee is 3%.
Location and nearby infrastructure
The property is located in Barcelona.
Barcelona is the capital of the autonomous region of Catalonia and the province of Barcelona. The population of the city exceeds 1.6 million people (2nd city in Spain in terms of population after Madrid and 10th in the European Union).
Barcelona is the largest industrial and commercial center of Spain.
