Emperador Properties has signed an agreement with Caixabank to refinance the debt of Torre Emperador Castellana, one of its three most important assets in Spain, through a green loan for €257 million, as announced on Monday. The signed contract has a maturity of 7 years and an associated interest rate hedge. In addition, it is linked to compliance with the social and environmental impact requirements defined by the Green Loan Pri …
The building is one of the tallest skyscrapers in Spain, with a height of 235 meters, distributed over 57 floors, covered with a double façade system for high-quality thermal and light insulation. It is one of the most exclusive and modern buildings in the capital. It has large spaces and meeting rooms with a total of 60,142 leasable square meters, spread over 57 floors.
Emperador Properties is the Real Estate division of Grupo Emperador, dedicated to the acquisition and management of real estate assets in Spain, with a portfolio currently valued at one billion euros. Its investments include Torre Emperador Castellana and Caleido in Madrid and Torre Diagonal One in Barcelona.
Andersen advised Emperador properties with a team led by Corporate partner Guillermo Yuste.
DLA Piper advised Caixabank with a team formed by partner and head of Finance, Projects & Infrastructure César Herrero, working together with senior associate Carmen Fernández Ladreda, associates felipe López and Sara Espina, and a real Estate team formed by head partner Orson Alcocer, along with associate Adolfo Navarrete.