The building is located at Calle Llacuna 10-20 and is let to several tenants.
Swiss Life Asset Managers France has completed an investment in Barcelona's office segment on behalf of
one its funds dedicated to the French leading insurance company MAIF. The office complex is located at Calle Llacuna 10-20 in Barcelona's 22@ district. Global real estate services company JLL advised the seller, on the transaction.
The office building at Llacuna 10-20 has a GLA (Gross Leasable Area) of over 4,700 sqm. Initially an industrial
unit, the asset was fully renovated in 2006 and comprises two annexed buildings. Building A spans approximately 2,400 sqm distributed across four above-ground levels and houses the reception area for the complex, and Building B comprises a similar floor area distributed across two above-ground levels. The complex also features 62 underground parking spaces.
Fabrice Lombardo, Head Real Estate at Swiss Life Asset Managers France, said: “We are proud to have completed the acquisition of this office building in Barcelona, the first one in Spain for our client. This building will be part of the fund's sustainable development strategy, which aims to improve its ESG profile through the ‘Best in Progress’ SRI approach we adopt for all our assets"