Link Securities | The REIT has sold the office building located at Juan Ignacio Luca de Tena 7, in Madrid, a property that housed the headquarters of the Vocento Group and the editorial offices of the ABC newspaper for more than three decades,which were subsequently moved to another asset also owned by the company at Josefa Valcárcel 40, according to Bolsamania.com. The transaction is part of the group’s strategy of actively rotating mature and non-strategic assets located outside the city centre, a policy that seeks to optimise the composition of its portfolio and strengthen its position as a leading pan-European platform in the prime real estate market, focusing investment on top-quality assets in central business districts.
Colonial optimises portfolio by selling Vocento’s former headquarters and ABC newspaper’s offices
