Spain's property company Inbisa has acquired from entrepreneur Valentin Bascunana and the Patron capital fund a major stake in Barcelona 2, a mixed-use office and retail complex in Barcelona's city centre, for EUR 33 mln. The transaction is being financed with a loan provided by BBVA, Spanish newspaper Cinco Dias said.
Spain's property company Inbisa has acquired from entrepreneur Valentin Bascunana and the Patron capital fund a major stake in Barcelona 2, a mixed-use office and retail complex in Barcelona's city centre, for EUR 33 mln. The transaction is being financed with a loan provided by BBVA, Spanish newspaper Cinco Dias said.
The deal involves some 11,500 m2 of commercial space. The 31,000 m2 complex, which accommodates, among others, Sony and Banco Santander, was sold by Colonial in 2005 for a total of EUR 207 mln.
