Global private equity firm The Carlyle Group announced the completion of the new headquarters for the National Registrars Association of Spain in Madrid. The 30,000 m² building has been developed on a site that Carlyle acquired in joint venture with Therus Invest in June 2006.
The complex overlooks a plaza with gardens and high quality open spaces.
Shortly after purchasing the land, Carlyle and Therus Invest signed a pre-sale agreement for 135 million with the Spanish National Registrars Association (Colegio de Registradores) for the development of its new headquarters on a turn-key basis. During the process, all parties worked together to adapt the new offices to the needs of the future owners.
Rachel Lupiani, Director of Carlyle Europe Real Estate in Spain and Portugal, explains: "We are very proud of the building we have developed for Colegio de Registradores. In addition to having created a unique space adapted to the needs of our client, we are marking a milestone for our real estate activity in Spain by selling the first asset from our local portfolio."
Javier de Pablo, Associate Director for Carlyle Europe Real Estate and responsible for asset management in Spain and Portugal, has been in charge of the supervision of the project while Therus Invest took care of the development management.
The new headquarters of the National Registrars Association has approximately 30,000 m² of office space and over 500 parking spaces. Work spaces are located in two parallel buildings joined by a central one. Each building has five floors articulated with vertical communication cores. The complex overlooks a plaza with gardens and high quality open spaces.
The new building was designed by Mark Fenwick, Director at RFA Architecture, a leading Spanish architectural firm.