King & Wood Mallesons ("KWM") has advised a Spanish family office on the acquisition from Colonial of three office buildings located in Madrid. The assets (sited in 9 Almagro St., 56 José Abascal St. and 11 Miguel Ángel St.) have a total area of 35,000 square meters and they are located in some of the most highlighted streets of the business district.
This transaction is valued at more than €300 million and it is one of the most relevant deals of the Spanish real estate market over the last few months.
The KWM team has been led by the Real Estate partner José Antonio Calleja and the senior associate Candela Escribano.
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