Cuatrecasas advises Metrópolis on buying Diagonal 123 building for €55 million

Spain

Advise the investment company Metrópolis on buying the Diagonal 123 building from BFO, the Bernat family’s asset holding company. The acquisition of the offices located in the 22@ district of Barcelona was closed at €55 million.

Cuatrecasas advises Metrópolis on buying Diagonal 123 building for €55 million
March 8, 2021

Cuatrecasas advised the investment company Metrópolis on buying the Diagonal 123 building from BFO, the Bernat family’s asset holding company. The acquisition of the offices located in the 22@ district of Barcelona was closed at €55 million.

Cuatrecasas lawyers Gerard Hernandez, Antonio Gil, Lluís Puig, José Luis García de Cal and Claudio Hoyos advised on the transaction.

The Metrópolis project includes reforming the building, re-designing its common spaces and improving the building’s quality and sustainability standards. With this acquisition, together with its recent historical capital increase and the incorporation of new shareholders, the company consolidates its strategy for growth, diversification and international expansion.

March 8, 2021