Rex Spain, Spain-based subsidiary of Switzerland-based insurance company Zurich Insurance Company, acquires an office building in the Barcelona city center from Sum Capital Spain
Our Real Estate team has advised Rex Spain, Rex Spain, a Spain-based subsidiary of Switzerland-based insurance company Zurich Insurance Company, in the acquisition of an office building in the Barcelona city center from Sum Capital Spain.
Specifically, the property is located at 9 Estruc St., between Plaza Cataluña and Portal de l'Àngel. It has 1,648 m2, distributed on five floors with terrace. The transaction was carried out as a sale & leaseback, so that the OneCowork coworking chain, controlled by the sole administrator of Sum Capital Spain, will remain as the tenant of the building.
