Generali Real Estate Acquires Premium Office and Retail Complex in Barcelona
Generali Real Estate has completed the purchase of Portal del Angel, 40 building, a renowned office and retail complex located in Barcelona. This purchase was done on behalf of the “Generali Core High Street Retail Fund” (GCHSR), a European investment fund managed by Generali Real Estate S.p.A Società di gestione del risparmio that is only available to professional investors. The property was acquired from a Medcap Real Estate, which belongs to the de Andres Puyol family.This acquisition fits with Generali Real Estate’s strategy of investing in premium properties located in thriving cities across Europe. Barcelona is an international destination known for its financial activities, cultural attractions, tourism opportunities and transportation links. As such, it has earned a strong reputation among real estate professionals; especially those specializing in high-quality offices and commercial buildings. In Spain alone, Generali Real Estate currently oversees investments worth more than €2 billion in Iberia.
Summary
- Generali Real Estate has completed the acquisition of Portal del Angel, 40 building, a historical office and high-street asset in Barcelona.
- The acquisition is fully in line with Generali Real Estate’s strategy of investing in prime assets in the most important and resilient European cities.
- Barcelona enjoys an international reputation as a financial, cultural, touristic and transport hub.
What target cities are included in Generali Real Estate’s investment strategy?
Generali Real Estate’s investment strategy targets prime assets in the most important and resilient European cities, including Barcelona.You might also like this article: O que são Xenobots? A nossa definição. Picture source: alevision.co