Emuna Inversiones Secures Prime Madrid Real Estate
Deal News | Feb 10, 2025 | Iberian Lawyer
Emuna Inversiones has completed the acquisition of a prime property located at 22 Velázquez Street, Madrid, underscoring its value in the real estate market. The transaction involved buying a portion of the property from Inbest GPF through purchasing the company owning 64.5% of the building, and an additional 34.5% stake from a private Argentine investor, giving Emuna complete ownership of the 5,000-square-meter structure. Andersen, specifically its real estate and tax departments, played a pivotal role in this transaction, led by partners Ignacio Sáenz de Santamaría and Borja Molina.
Sectors
- Real Estate
- Legal Services
Geography
- Spain – The transaction took place in Madrid, Spain, which is central to the narrative surrounding the real estate acquisition.
- Argentina – Part of the property acquisition involved purchasing a stake from an Argentine investor, indicating international reach.
Industry
- Real Estate – The acquisition of a property in Madrid identifies the transaction squarely within the real estate sector, focusing on property investment and development.
- Legal Services – Andersen's role as a legal advisor highlights the involvement of the legal services sector in facilitating real estate transactions.
Financials
- Not disclosed – The financial terms of the acquisition, including the purchase price of the property, were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Emuna Inversiones | Buyer | Company | Emuna Inversiones is the acquiring company in the purchase of the property located at 22 Velázquez Street, Madrid. |
| Andersen | Legal Advisor | Company | Andersen, through its real estate and tax departments, advised Emuna Inversiones in the transaction. |
| Inbest GPF | Vendor | Company | Inbest GPF is a company from which Emuna Inversiones acquired a significant share of the property. |
| Private Argentinean Investor | Vendor | Person | An individual from Argentina who sold their stake in the property to Emuna Inversiones. |
| Ignacio Sáenz de Santamaría | Real Estate Advisor | Person | Ignacio Sáenz de Santamaría is a partner at Andersen, leading the real estate team's involvement in the transaction. |
| Borja Molina | Tax Advisor | Person | Borja Molina is a partner at Andersen, leading the tax team's involvement in the transaction. |