Colliers advises the largest office transaction in Malaga

Colliers has acted as an exclusive financial and real estate advisor to an international private investor on the purchase of the high-profile office building Alei Center I, for €23 million. The asset located in the Andalusian Technology Park in Málaga which is a part of the complex comprising two twin buildings, was constructed in 2008 and it has a buildable area of 13,500 sqm distributed in 5 office floors, 1 restaurant, 4 warehouses and 487 parking spaces.

Alei Centre is located in the main artery of the Andalusian Technology Park and it is currently 100% let to OP Plus, BBVA’s operational back office services company.

We are very pleased to have been able to close a transaction that was particularly complex as it came from the insolvency situation, and in which we have advised our client during the whole process on the financial strategy of the transaction, Due Diligence and the subsequent management of the property” - Álvaro Alonso, Managing Director of Colliers International and responsible of the transaction, pointed out.

“This transaction shows that Málaga is being an attractive market for real estate investment due to its dynamism, potential and as the alternative of more mature markets and with more adjusted yields, as well as the Andalusian Technology Park as a reference of quality spaces and leading companies in their sectorIñigo Molina, Director of Colliers Andalucía, concludes.

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About Colliers International Spain

In Spain, Colliers International is synonymous with real estate and hotel sector specialisation and knowledge.

It offers advice in: Corporate Finance; Capital Markets; Hotels; Residential Sales Advisory; Valuation & Consulting; and REMS & Technical Services. These services are provided with the client proximity of a local firm and the capabilities of a global leader, through a network that extends across 68 countries.

 

Our clients are national and international investment funds, REITs, financial institutions, large corporations, hotel operators and real estate development and investment companies that value our knowledge, experience, reliability and commitment.

 

About Colliers International

Colliers International (NASDAQ, TSX: CIGI) is a leading real estate professional services and investment management company. With operations in 68 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to maximize the value of property for real estate occupiers, owners and investors.

For more than 25 years, our experienced leadership, owning approximately 40% of our equity, has delivered compound annual investment returns of almost 20% for shareholders. In 2019, corporate revenues were more than $3.0 billion ($3.5 billion including affiliates), with $33 billion of assets under management in our investment management segment..

Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers and LinkedIn.

 



Related Experts

Álvaro Alonso

Managing Director

Madrid

Álvaro is Managing Director of Corporate Finance department at Colliers International. He was  partner of irea from January 2015, when he was appointed to partner after more than ten years of professional career at the firm, until March 2018, when irea joined Colliers International. He specialises in advising on mortgage loan portfolio transactions, both on the buy and sell side, debt restructuring processes, financial advisory for insolvency procedures and corporate deals in the real estate sector.

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Iñigo Molina

Director Andalucía Office

Malaga

Iñigo started his proffesional activity working for CBRE in Andalusia. He joined the firm in 1998 as consultant  for market studies, land marketing, property valuation.
In 2001, Iñigo opened the Malaga office with regional responsibility for East Andalusia.
In 2005 is promoted to co-director for Regional delegation.
In 2010, is named CBRE Regional Director for whole Andalusia with full responsibility in all lines of business: residential, offices, industrial , valuation, high street, capital markets.
In 2017 Iñigo founded a new consultant firm named MRC CNSLTNG, The new company created by two professionals of real estate sector in Andalusia, putting together the expertise of more than 50 years of work in the area.
In that new project, Iñigo was on charge of develop the lines of sale of land, agency, consultancy and commercialization of residential projects, due to he has broad experience in those lines of work. MRC CNSLTNG performs its work in the area of Andalucia and has its office in Málaga.
In september 2019 Iñigo joins Colliers International as Director of Andalusia Office.
He actively collaborates with the sectorial magazine Andalucia Inmobiliaria.

 

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Alejandra Folgado

Marketing & Communications Director

Madrid

As Marketing and Communications Director Alejandra is responsible for building a marketing and Comm. strategy that grows brand awareness; drives lead generation and works across business lines to support Colliers International in Spain  achieve its growth and customer acquisition goals.

She began her career at Atlas Capital Close Brothers in 2001 and joined to irea in 2006, where she was Knowledge & Organization Manager for almost 4 years. After a 5 years  of professional and personal experience in Italy, she returns to irea as Marketing & Communications Manager.

From January 2015 she has been Head of Marketing and Communications at irea until March 2018, when the spanish firm integrates in Colliers International.

Alejandra studied at Carlos III University (Madrid)  where she has a bachelor degree in Information Sciences. She holds an International Marketing and Communications Master from Polimoda Business School (Italy).

She has worked in Marketing and PR across various industries including Financing, Real Estate, Fashion and Hospitality. Alejandra  also has experience in managing and coordinating  events including conference, congress and trade fairs.

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