La Vaguada, Madrid, Spain
La Vaguada, Madrid, Spain
Location: La Vaguada, Madrid, Spain
Size: 10,300 sq m
Sector: Office
Rationale for Purchase:
Alcampo Headquarters Office building next to their flagship store – anchoring Spain's biggest mega-regional shopping centre with over 300 shops.
In the short term, exceptionally secure income stream until 2017.
In the medium term, possibility to benefit from pro-rata interest in planned shopping centre extension.
In the long term, multiple strategies at lease expiry to capture income and capital growth.