As part of the business plan for the restructuring of the real estate portfolio of Naturgy group, Yarrells has advised on the strategy and implementation for the sublease of one of the company’s main office complexes in Madrid.
As part of the contract that Yarrells Property, in a strategic alliance with Cat Real Estate, has with URO Property Holdings to sell or lease empty banking units, a 2 story corner property has been successfully converted into 8 new build apartments and studios.
4th quarter 2020
Yarrells Property has advised Naturgy group on the marketing and formal sales process of a site with some 5,000m2 of residential buildable area in the Arganzuela district of Madrid, opposite the Google Campus. The buyer was Dazeo, a joint venture between Dazia and Eurazio.
As part of its role as Leasing Manager for the Olympic portfolio of office buildings in Barcelona, owned by Inmobiliaria Norte y Sur S.A., a property company managed by AEW, Yarrells has agreed the transfer of floors and complete refurbishment of 1,100m2 of offices in the Conata 2 building to the company Medichem.
Property Company Inmoglaciar, part of international fund manager Cerberus, through its SPV ICE MRN S.L. has entrusted to Yarrells Property the strategic advisory and repositioning of the ATO building in Marina Zona Franca, Barcelona.
Yarrells has worked closely with the property owner, Naturgy Energy Group, in the sale of 4 units and numerous parking spaces in a shopping precinct on General Pardiñas St. in the town centre of Santiago de Compostela.
August / October 2020