BC Partners Real Estate and Freo Group have announced the completion of their joint acquisition of the office building located at Gran Vía de les Corts Catalanes 764, in the city centre of Barcelona, for an undisclosed amount.
This asset, which has been the Spanish headquarter of pharmaceutical company Novartis since the 70’s, is an iconic corner building in the city, located in the Eixample district close to the famous Sagrada Familia.
BC Partners Real Estate and Freo have acquired the asset through a sale and partial leaseback with Novartis. The plan is for the building to undergo a comprehensive refurbishment as well as an internal and external redesign to turn it into modern and sustainable workspace of 13.000 sqm.
Source: https://propertyeu.info/Nieuws/BC-Partners-Freo-complete-Novartis-HQ-buy-in-Barcelona/aa1317b5-7fb5-46c6-9f0f-41c1adee4255, on 6.12.2022