German group Commodus buys Spotahome's Madrid headquarters from Persepolis

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

The company is carrying out its operation in the Spanish market with the acquisition of this building located in the Atocha-Méndez Álvaro area.

Commodus, a German investment fund, is closing an operation in the Spanish market with the purchase of Persépolis Investments, an office building located at 12 Vizcaya street in Madrid. Currently the building is leased to the Spanish start-up Spotahome. The price of the transaction has yet to be disclosed.

The asset, located in the area of ​​Atocha-Méndez Álvaro, has a total area of ​​4,410 square meters, distributed over seven floors, two basements and 15 parking spaces. The operation has been advised by the real estate consultancy Catella and L’Etoile Properties.

Commodus is a fund manager of German origin specialized in real estate with offices in Munich, Berlin, Paris and Madrid. The focus is on commercial properties, especially office buildings, with added value potential in major European cities. The real estate portfolio currently managed by Commodus amounts to more than 1,500 million euros.

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.