Meridia IV acquires two office buildings in Sarriá
Meridia IV has closed the acquisition of two office buildings located in Sarriá, Barcelona’s uptown residential neighborhood. While the demand for offices in this area is very high, the supply remains very limited, making this deal a great opportunity to further consolidate Meridia’s position in Barcelona´s top rated office market.
The assets have a total surface of 5.490 sqm and 44 parking spaces. As both buildings are in a good state, CapEx requirements are limited. Meridia plans to execute some refurbishment actions to transform the asset from brown to green.
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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.
