Meridia is pleased to announce the sale of an office building located at Julián Camarillo 4, one of Madrid’s most dynamic and fast-evolving office submarkets, which continues to attract growing demand from technology and innovation-driven occupiers. The transaction was completed for a total consideration of €17 million.

The asset comprises approximately 10,000 sqm and forms part of a broader business complex featuring communal areas, controlled access and private security. The property hosts a roster of high-quality tenants. Meridia executed a comprehensive repositioning plan, transforming the building into a modern, ESG-compliant workplace with BREEAM Very Good certification.

This transaction is aligned with Meridia III’s ongoing divestment programme and follows the recent sale of Barnasud, a retail centre in Gavà. With only two remaining assets, the vehicle is nearing the completion of its divestment phase. Meridia IV is also progressing through its own exit phase; while the firm continues to invest through Meridia V, its latest real estate value-add vehicle.

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