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Monday, May 20, 2024

Uría, Cuatrecasas advise Deka Immobilien on Just Eat’s HQ acquisition

Blue Coast Capital has sold the Áncora 40 office building in Madrid to a real estate fund managed by Deka Immobilien, rented as headquarters by the Just Eat food delivery platform

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Promoted by BWRE and designed by the Buckley Gray Yeoman architecture studio, inspired by avant-garde London architecture, the recntly built building combines workspaces with technology, efficiency, safety and respect for the environment and has Leed Gold sustainability certification.

“Áncora 40 is our second project to convert industrial buildings into first-class spaces, which respond to new trends in office rentals. The sale of Áncora completes our Tango project, which includes the sale of Áncora 40 and Tánger 66 in Barcelona,” said Fraser Denton, managing director of European Real Estate at Blue Coast Capital.

In this operation, Blue Coast Capital and BWRE have been advised by JLL, while the buyer has been advised by Uría Menéndez, Cushman & Wakefield, Cuatrecasas and Drees & Sommer.

Cuatrecasas’ team included Barcelona RE principal associate Lluís Puig. Legal Dealmaker asked Uría Menéndez for their advising team.

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