Fontanella, Barcelona

Tenant

Generalitat de Catalunya / Media Markt

Address

Carrer de Fontanella
8
08010 Barcelona
Barcelona
Spain

Sector

Office and Retail

Acquisition date

Q1 2013

The acquisition business plan was to maintain the 20 year secure income from the government, but take a surrender of the ground and basement floors to create a new prime retail unit. A national retail operator has taken a lease of the unit which will significantly increase the total rent on completion.