Axiare Patrimonio acquires a prime office property in the centre of Madrid (ES)

Don Ramón de la Cruz Office Building, Madrid image |© Axiare Patrimonio

The SOCIMI Axiare Patrimonio continues to forge ahead with its investment plan and today announces the completion of the acquisition of a prime office building located in Madrid’s Salamanca neighbourhood. The property, acquired from Telefónica for €32.75 mln, is located at Calle Don Ramón de la Cruz nº 84, in Madrid’s central business district. It is the second property the company has acquired in this area so far this year, and now forms part of the portfolio of 15 office properties that it owns in Madrid.

 

The property comprises 9,271 m² of GLA, arranged over an access floor and four open-plan floors of office space, with an average floor plate of 1,950 m²; a free height of more than 3 m and plenty of natural light. It also benefits from 91 underground parking spaces located on three lower ground floors.

 

Source: Axiare Patrimonio

 

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