KanAm Grund acquires newbuilt office property in Barcelona
 KanAm Grund acquires newbuilt office property in Barcelona
  Deals  |  Office  |  Europe

KanAm Grund acquires newbuilt office property in Barcelona

The property is part of the Europe Select portfolio for institutional investors.
Eirini Theofanidou
22.10.2021

The KanAm Grund Group has acquired a company that owns a recently completed modern office building in Barcelona for one of its specialized real estate funds in a share deal.

The property with around 8,400 square meters of rental space is located on Carrer de Tànger 36, one of the coveted main office axes in the submarket of the 22@ district in the city center of the Catalan capital.

The tenant is the Spanish branch of one of the world's largest online retailers.

In addition to the envisaged LEED Gold sustainability certificate, the property already has positive sustainability aspects such as its central location and very good connection to local public transport, as well as being easily accessible on foot and by bicycle.

The property is part of the Europe Select portfolio for institutional investors.

In addition to Spain, this specialized real estate fund is also 84.8 percent invested in office properties, in the United Kingdom, Switzerland, France, the Netherlands and Germany. The parties have agreed not to disclose the purchase price.