Target Information

Alantra REIM has successfully acquired two office buildings located at c/Marie Curie 17-19 in Rivas Vaciamadrid. These state-of-the-art assets are part of one of Madrid's largest business and retail zones, Rivas Futura Business Park. The buildings feature Grade A quality and encompass approximately 44,000 square meters of office space, distributed over a ground floor and six additional upper floors, complemented by a two-level basement. Furthermore, the properties include 850 parking spaces, of which 205 are outdoor, and are secured by 24-hour surveillance services. Their proximity to the H2O Shopping Center enhances their appeal.

Strategically positioned around 15 kilometers from Madrid's city center, the business park is well served by both public and private transportation, providing easy accessibility for employees and visitors alike.

Industry Overview in Spain

The Spanish real estate market has shown a robust recovery in recent years, particularly within the office sector. Following the economic downturn, interest from both domestic and international investors surged, sparking significant investments into commercial properties. Madrid, as the country's capital, has evolved into a dynamic hub for both multinational corporations and innovative startups, driving demand for high-quality office spaces.

Furthermore, the trend towards flexible working arrangements is reshaping the office landscape, compelling businesses to seek adaptable environments that support collaboration and efficiency. As businesses return to the office post-pandemic, demand for modern facilities with amenities like outdoor spaces and integrated technology continues to grow.

The Spanish government has also supported real estate recovery through various initiatives aimed at promoting investment in urban and regional development, especially in areas outside of capital cities. These initiatives have enhanced the attractiveness of suburban business parks like Rivas Futura, which boast modern infrastructure and comprehensive services.

Rationale Behind the Deal

The acquisition aligns with Alantra REIM's strategic focus on expanding its portfolio in the thriving Madrid office segment. Luis Iglesias, Managing Partner and Head of Alantra REIM, highlighted that this transaction allows the firm to capitalize on anticipated recovery trends in the office market over the coming years. The move demonstrates a proactive approach to tapping into an attractive investment opportunity that promises favorable returns.

Investor Information

Alantra REIM is a prominent real estate investment and alternative asset management platform under the broader Alantra Group. With a strong emphasis on delivering value through strategic investments in high-growth markets, Alantra REIM has established itself as a key player in the Spanish real estate landscape. The firm has demonstrated a commitment to diversifying its portfolio, especially in valuable sectors like office and retail spaces, positioning itself for continued success in the region.

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This acquisition is considered a strategically sound investment for Alantra REIM, given the upward trajectory of the Madrid office market. The choice of Rivas Futura Business Park — a top business and retail destination — positions the investment favorably for long-term growth. The combination of modern amenities and strategic location suggests that demand for these properties will remain strong, driving potential rental increases and solid yields.

Moreover, the firm's proactive strategy underlines a deeper understanding of market dynamics and consumer needs, reflecting confidence in the ongoing recovery of Spain's commercial real estate sector. This insight could signal a lucrative opportunity for other investors looking to enter similar markets.

However, as with any investment, there are inherent risks, such as potential economic fluctuations that could affect occupancy rates and rental demands. That said, Alantra REIM's extensive experience and successful track record in real estate suggest that the firm is well-equipped to navigate these challenges, thus reinforcing the viability of this investment.

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