Amundi Real Estate completes its first acquisition in Barcelona

Amundi Real Estate announces that it has acquired a new building, called "SA 65", in the heart of Barcelona from Conren Tramway, a Spanish commercial property developer. The building was completed in February this year.

Designed by the architectural firm TAG Management, "SA 65" offers 8,330 m² of office space over 6 floors and a 1,200 m² roof terrace. It will be entirely occupied by Wojo (formerly Nextdoor), a promising French co-working company and subsidiary of the Bouygues and Accor groups, under a lease with a fixed term of 9 years and 4 months.

Located in the heart of Barcelona's 22@ sector, which is an extension of Barcelona’s business district, the building benefits from optimal accessibility. 22@ is experiencing strong growth thanks to a diverse ecosystem made up of companies from the high-tech and services sectors, as well as cultural and commercial spaces.

Due to its technical qualities and the design of the project, the "SA 65" building is aiming for "LEED Core and Shell - Gold level" certification.

Jean-Marc Coly, Managing Director of Amundi Real Estate, said: "With the acquisition of 'SA 65', we are completing our first transaction in Barcelona. This transaction is perfectly in line with our strategy of investing in Core/Core+ assets internationally.”

DLA Piper, Mace, L’Étoile Properties Ibérica and CBRE advised Amundi Real Estate on this transaction.