• Value-added project in the center of Madrid.

• Value creation strategy through rent updates, CapEx actions, and subsequent sale of the asset.

• Institutional sponsor with extensive experience in this type of operations.

• Ticket: 3,000,000€ // Term: 22-26 months

We present a new investment project that consists of the acquisition of the company owning an independent office building located in the center of Madrid, on Mazarredo Street 7, in the Arganzuela district. The asset is currently leased and generating income, although with a rent much below the market. The project's strategy consists of renegotiating or formalizing a new lease contract once the current contract ends in June 2027, stabilizing the asset with market rents, and subsequently selling it to an institutional investor.

The capital contributed by Urbanitae investors and co-investors will mainly be used to acquire the company owning the asset and to cover certain costs of the operation not financed by the banking entity.

The asset is located in the center of Madrid, a prime location, very close to the Royal Palace of Madrid and the Cathedral of Santa María la Real de la Almudena and right next to the old Google campus. It is a completely exempt building, built in 1930 and completely renovated in 2017. It has a built area of 3,967 m², divided into a basement floor, ground floor, and three upper floors. It has had a tertiary/office use license since 2000. It has very good public transport communication, with several nearby metro stations, such as Puerta del Ángel (line 6), Ópera (lines 2, 5, and R), or Príncipe Pío (lines 6, 10, and R). In addition, it has numerous bus stops less than 5 minutes walk away - lines 25, 31, 36, 41, 50, 62, 65, C1, C2, and NC2.