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LAKE PORTFOLIO

Patrimony® signed in 2015 an alliance with Goldman Sachs, one of the first international investment banks, to carry out the acquisition, asset management and subsequent sale of this portfolio of 11 office and retail properties comprising a GLA (Gross Lettable Area) of over 85,000 square meters distributed in several buildings in Barcelona, Madrid and Valencia. The divestment and management plan envisaged for this portfolio ended in December 2020 with the sale of the last asset. Likewise, within the framework of this alliance, an asset was also acquired to develop a new 18,000 square meters (GLA) retail park in the city of Alcorcón (Madrid), completing its construction and opening in November 2020.

  • Santiago de Compostela, 96

    Madrid

    • Santiago de Compostela 96 is an independent building with a recessed garden area that has 14,731 m2 of GLA.
    • The office building consists of three basement floors, ground floor and thirteen floors above ground level. It has both indoor and outdoor car parking with 159 and 23 spaces, respectively. At present, it is fully let to the Provincial High Court of Madrid.
    • A new long-term contractual agreement has been signed with the tenant, and a series of investments and improvements have been made to the building's air conditioning and fire prevention systems.
    • Sold to a Socimi in 2018.
  • Serrano, 39

    Madrid

    • This unique building is located in a small passage leading to Calle Serrano, between Alcalá and Marqués de Villamagna streets.
    • The building will be subject to an extensive refurbishment project comprising the following:
      • Interior redesign with modern qualities and materials.
      • Replacement and improvement of all general facilities (HVAC, electrical systems, elevators, telecommunications, etc.)
      • New façade.
    • This redevelopment project will transform the property into both attractive and efficient office premises with a capacity exceeding one hundred workstations within an area of 1,200 square meters.
    • Sold in 2019 to an Argentinian family office.
  • Edificio Caoba

    Madrid

    • The building complex of Valportillo Primera 22, in the municipality of Alcobendas, was built in 2007 and includes an office building of 14,509 square meters with 294 parking spaces.
    • It is a modern office building with glass and reflective aluminium curtain walls façades, which along with the inner courtyards, provides an excellent natural lighting of the internal areas. It also benefits from internal clear heights of over than 3.4 meters, which is very well appreciated by its tenants.
    • The Gross Lettable Area (GLA) per floor varies from 3,000 to 4,000 square meters.
    • Bureau Veritas, a multinational company, is the main tenant of the building.
    • Sold in 2020 to a family office.
  • Ronda Poniente-Tres Cantos

    Madrid

    • Building located in a consolidated business and administrative area, with an excellent level of services and amenities.
    • It also benefits from excellent communications with Madrid through the M-607 road, as well as by public transportation.
    • Office area is 8,000 square meters with open- plan floors of over 3,000 square meters.
    • Sold in 2018 to a family office.
  • Torre Llacuna

    Barcelona

    • Torre Llacuna is a most representative office building located on Llacuna 166, in the prime area of the 22@Business District of Barcelona.
    • It comprises an office Gross Lettable Area (GLA) of 8,267 square meters plus a parking area of 2,040 square meters of underground with a capacity for 60 cars and 30 motorcycles.
    • Sold in 2019 to an investment vehicle managed by Cushman & Wakefield.
    • District 38 is part of a state-of-the-art office complex located on Passeig de la Zona Franca 46.
    • It is currently the headquarters of the company AGBAR. It is designed by the famous Japanese architect Arata Isozaki, who worked along with the local architects Alejandro Zaera-Polo and Farshid Moussavi.
    • El edificio dispone de la certificación LEED® Platinum por sus altos estándares de sostenibilidad y eficiencia energéticaThe building achieved LEED® Platinum certification for energy efficiency and environmental sustainability.
    • The premises have a Gross Lettable Area (GLA) of 19,988 square meters, plus 264 car parking and 82 motorcycle parking spaces.
    • Sold in 2018 to an investment vehicle managed by BNP Paribas REIM.
  • Edificio Mediterráneo

    Valencia

    • Edificio Mediterráneo is located at 67, Avenida Cardenal Benlloch, on the Eastern side of the city of Valencia, next to the main roads leading to the city center.
    • The building comprises seven over ground floors with a total office area of 11,683 square meters, retail ground floor 73 car parking spaces.
    • The office building benefits from excellent qualities and state-of-the-art facilities, with open-plan floors up to 1,500 square meters.
    • Tenants include Indra, Gas Natural Fenosa and Haya Real Estate.
    • Sold in 2019 to a local family office.
  • MISCELLANEOUS

    • High Street Retail Premises Segovia.
      Retail unit in a centrally located prime retail area next to the Segovia Aqueduct, let to an international sport brand and then sold to a private investor.
    • Industrial Warehouse Valencia.
      Industrial warehouse located on a consolidated industrial area in Albuixech (Valencia), with a total surface area of 6,118 square meters, sold to an industrial family-owned company.
    • Industrial Warehouse Ávila.
      Industrial warehouse with an area of 2,204 square meters located in a consolidated industrial area in the outskirts of Ávila, sold to a local family-owned company.
  • ALCORCÓN RETAIL PARK

    Madrid

    Logo Álcora Plaza
    • In March 2018 Patrimony® acted as advisor in the acquisition of what was the first IKEA store in Madrid, located in Parque Oeste, the most important retail park in the south of Madrid, with the aim of converting it into a modern retail park.
    • The existing structure of 18,000 square meters was used to create a new retail park commercial space aimed for multiple operators.
    • Our services included a preliminary feasibility survey, a business, marketing and positioning plan, as well as definition and monitoring of the refurbishment project, and its subsequent leasing until its opening in November 2020.