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Owners of Hotel Twentytú will Invest €35M to Build New Office Block in [email protected]

Posted by: In: Real Estate 21 Jun 2018 Comments: 0 Tags: , , , , , , , , , , ,
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20 June 2018 – Eje Prime

The owners of Hotel Twentytú are going to build offices in [email protected]. Brilten, the property developer owned by the Catalan Pérez family, is going to invest €35 million in the construction of a new corporate building in the technological district of Barcelona, the current hub of the office market in the Catalan capital.

The asset is going to span a surface area of 10,800 m2 and will be called Hexagon Glòries. The plot on which the asset will be built was acquired by the Pérez family a decade ago for €18 million. Now, the family has opted to build an office block in light of the high demand that exists for such products in this new central business district (CBD) of Barcelona, according to Expansión.

The plot is located at the junction of Sancho de Ávila and Calle Álava, in the vicinity of Plaça de les Glòries. It will comprise nine above-ground floors, which will measure approximately 1,200 m2 each. Brilten expects the construction work to be completed by June 2019.

Moreover, on the lower floors of the building, which is going to be designed by the architecture studio Batlle i Roig, 800 m2 of space will be adapted for commercial use, and the block will have 126 parking spaces underground. On the roof, meanwhile, the Pérez family is going to open a large terrace.

This new office building is one of around twenty projects that the real estate market is currently developing in this sector in the [email protected] district and that, including Brilten’s addition, will incorporate more than 380,000 m2 of space to the available stock in the area.

Original story: Eje Prime

Translation: Carmel Drake

The post Owners of Hotel Twentytú will Invest €35M to Build New Office Block in [email protected] appeared first on Aura Real Estate Experts.

Source:: AURA Real Estate Experts

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