
Meridia and PG announce a €215m RE transaction in Spain
Barcelona, 2nd of April 2019. Alternative investment manager Meridia Capital is pleased to announce that it has completed a portfolio sale to funds managed and/or advised by global private markets investment manager Partners Group. Partners Group has acquired most of the remaining assets in Meridia II on behalf of its clients for a total acquisition value of around EUR 215 million. Meridia will continue to manage the portfolio going forward.
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We are thrilled to announce that Meridia has achieved the highest possible score – 5 stars – across all modules of the UN PRI reporting!
Meridia and Med Capital Management are delighted to announce the acquisition of a premium residential plot in Nou Llevant District at Palma de Mallorca. This plot, with a buildability of 48,200 sqm, is the last and largest piece of residential land to be currently developed in the sector.