Corum AM’s Acquisition of Office Building in Madrid

Pérez-Llorca advised Corum AM, while Ramón y Cajal Abogados advised the seller on the deal.

French real estate investment fund Corum AM executed the acquisition of an office building located in Las Rozas, Madrid.

The asset is located on Gabriel García Márquez 2 street, in front of the A-6 highway. It is a representative office building with 11,000 sqm of space on 3 floors, in addition to 562 parking spaces. The building is currently the headquarters of the Scottish engineering company Wood, the former Foster Wheeler.

Corum AM is a French institutional investor with more than €3.5 billion in assets under management, and with the purchase of this asset, the company strengthens its position in Spain.

Pérez Llorca advised Corum with a team led by Corporate partner Gerard Serra (Picture), Corporate lawyers Florence Legeay and Jacobo Semprún, and Tax lawyer Ignasi Montesinos.

Ramón y Cajal Abogados advised the seller with a team led by Real Estate partner Roberto Tojo, together with Real Estate lawyers Francisco Jiménez Alarcón and Amadeo Lora.

Involved fees earner: Florence Legeay – Perez-Llorca; Ignasi Montesinos Oliva – Perez-Llorca; Jacobo Semprún – Perez-Llorca; Gerard Serra – Perez-Llorca;

Law Firms: Perez-Llorca;

Clients: Corum Asset Management;

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Federica Tiefenthaler

Author: Federica Tiefenthaler