Investments

Real Estate
Held / Exited
  • Project Lerida
    Real Estate

    Project Cocktail

    Spain

    Office complex
    Office complex

    Project Cocktail is the first investment by Ardian Real Estate Europe Fund II in Spain. Built in 1992, the c.9,300sqm office building is located in a central urban area near AZCA, Madrid’s main financial district, and within the M-30 inner ring road. It is currently 100% leased to a single tenant, that has occupied the building for over 20 years.
    The building has five floors (ground floor and four upper floors) and has c.160 underground parking spaces across three floors. The large parking area is a clear differentiating factor with respect to other buildings inside Madrid’s urban area.
    Ardian Real Estate intends to carry out a refurbishment of the building, to adapt it to current market standards.