The joint venture between Swedish real estate company Europi Property Group, the Arié Family Office and Kefren Capital Real Estate has acquired its second office building in Barcelona.
The JV has recently completed the acquisition of its second office building in Barcelona, located at Carrer Lluís Muntadas 5, Cornellà. The building has been acquired from Siemens in a partial sale and leaseback transaction. The 13,088 square meter, grade A, multi-tenanted office asset is strategically located, close to local, national, and international transport infrastructure as well as nearby amenities. At acquisition, the building has an occupancy ratio of 86% and is partially occupied by Siemens group companies as well as other blue-chip tenants such as Nexeo Solutions, ISS, TDK, and