Radar > 242094

Realia could sell Los Cubos building for EUR 57m

Realia podría vender el edificio de Los Cubos por EUR 57m

Intel ID : 242094
Synopsis

Realia (BME:RLIA), a Spain-based real estate company, could sell the emblematic Los Cubos building, located in Madrid, for EUR 57m, reported Expansión on 31 October 2016.

The building has 18,324 m2 and 334 parking spaces, which may have attracted the interest of REITs, such as Axiare, Hispania, or Lar España, with experience in the acquisition and reform of empty properties, as well as international funds seeking investment opportunities in Spain.
(content in spanish)

La inmobiliaria española Realia (BME: RLIA) podría poner a la venta el edificio de Los Cubos, en Madrid, por EUR 57m, según ha informado Expansión el 31 de octubre de 2016.

Se trata de un edificio emblemático con 18.324 metros cuadrados y 334 plazas de aparcamiento que habría despertado el interés de Socimis como Axiare, Hispania o Lar España, con experiencia en la compra y reforma de inmuebles vacíos, así como de fondos internacionales que buscan oportunidades de inversión en España.

Intel ID 242094
Value EUR 57,00m (Approx.)
Native Currency Euro (EUR)
Financial Data - Axiare Patrimonio
(31 Dec 2017)
Revenue: EUR 278,04m
EBITDA: EUR 231,42m
Net Debt: EUR 2.473,00m
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Subsector (Old TTR Sectors)
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Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Real Estate and Construction / Real Estate (Primary)
Primary Sector (TTRSC)
25.03.03 Real Estate Services
25 Financial Services / 25.03 Real Estate

Country
Website
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Real Estate and Construction / Real Estate (Primary)
Primary Sector (TTRSC)
25.03.03 Real Estate Services
25 Financial Services / 25.03 Real Estate

Country
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Real Estate and Construction / Real Estate (Primary)
Primary Sector (TTRSC)
25.03.02 Real Estate Investment Trusts (REITs)
25 Financial Services / 25.03 Real Estate

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Real Estate and Construction / Real Estate (Primary)
Primary Sector (TTRSC)
25.03.03 Real Estate Services
25 Financial Services / 25.03 Real Estate

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.