Azora, a private equity firm specializing in real estate investments, has acquired a multi-tenant office building located at Calle Doctor Esquerdo 136 in Madrid’s Retiro district. The property, which spans 9,094 square meters over 8 floors and includes an underground car park with 23 spaces, is currently 85% occupied. Strategically positioned near Atocha Station and well-connected by public transport, the building offers potential for both residential and tertiary uses. This aligns with Azora’s strategy to leverage its operational expertise and sustainability criteria in regenerating urban areas. With this acquisition, Azora aims to capitalize on value-add opportunities and drive future repositioning, reinforcing its commitment to diverse real estate sectors such as offices, residential, and data centers.

Real Estate Investment, Private Equity, Commercial Real Estate,Spain, Madrid

https://www.azora.com/en/blog/azora-buys-an-office-building-in-the-centre-of-madrid/