Tristan Capital Partners, on behalf of its perpetual core-plus fund, has bought two office assets in Barcelona from Inmobiliaria Colonial.
The manager’s Curzon Capital Partners 5 LL has paid an undisclosed sum to buy the 12,600sqm Berlin Numancia office building and the 4,900sqm Plaza Europa asset.
Nikolay Velvev, executive director at Tristan Capital Partners, said: “Over the past five years, Barcelona has rapidly gained prominence as a technological and pharma hub and has seen strong demand from major national and multinational corporates. These buildings offer exposure to two established office submarkets in micro-locations that benefit from excellent transport links.
“Both assets were built with high-quality standards and specifications that fit modern requirements for both multi and single tenants and have been resilient performers during the coronavirus crisis.”
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