Spanish property company Varal Real Estate has invested EUR 38 mln in the acquisition of two buildings in Eixample, Barcelona. Varal also signed an agreement to acquire another 3,500 m[sup]2[/sup] asset in Recoletos de Madrid for EUR 16 mln, the company said in a press release.
Spanish property company Varal Real Estate has invested EUR 38 mln in the acquisition of two buildings in Eixample, Barcelona. Varal also signed an agreement to acquire another 3,500 m2 asset in Recoletos de Madrid for EUR 16 mln, the company said in a press release.
The three buildings provide a total of 8,150 m2 of space which will be converted into apartments. Last month, Varal invested bought its first asset in Lisbon for EUR 10 mln.
