The property is currently leased by the Community of Madrid and where the Madrid Institute of Family and Children is located, has an area of 4,600 m2.
This transaction strengthens the trend of the last year in terms of investment, which has reached record levels, the third transaction advised by CBRE in January, adding to the sale of the BMW headquarters and Castellana 77, Tower Saint Gobain.
According to Miguel Fuster, National Director of CBRE Investment, "the operation of Gran Vía 14 responds to the strategy of investors to acquire assets in strategic locations with clear path in rents and possible repositioning of assets. In fact, this price pressure is generating a positive and clear expectation for growth in revenues and a recovery in rental activity. "
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