Iba Capital Partners Completes Acquisition of Prado Urban Business Park
Deal News | Apr 11, 2025 | Uría Menéndez
Uría Menéndez has advised IBA Capital Partners and Batipart Europe in their acquisition of the Prado Urban Business Park from Ahorro Familiar SA, part of AXA Group. The business park, located in Madrid, hosts Amazon's headquarters in Spain and governmental offices. Valued at EUR 300 million, the transaction was executed through the sale of shares within the company holding the asset. Uría Menéndez guided the process comprehensively, from initial due diligence to closing, addressing aspects like commercial, real estate, tax, and financing, with CaixaBank's collaboration.
Sectors
- Real Estate
- Financial Services
Geography
- Spain – The transaction involves the acquisition of a business park located in Madrid, Spain.
Industry
- Real Estate – The acquisition involves the Prado Urban Business Park, a significant commercial real estate asset in Madrid.
- Financial Services – The transaction included complex financial elements such as tax and financing, indicating the involvement of the financial services industry.
Financials
- EUR 300 million – The valuation of the acquisition deal for the Prado Urban Business Park.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Uría Menéndez | Legal Advisor | Company | A law firm providing comprehensive advisory services for the transaction. |
| IBA Capital Partners | Buyer | Company | An investment company involved in acquiring the Prado Urban Business Park. |
| Batipart Europe | Buyer | Company | A European investment firm participating in the acquisition. |
| Ahorro Familiar SA | Seller | Company | A company owned by the AXA Group, previously owning the Prado Urban Business Park. |
| CaixaBank | Financial Collaborator | Company | Assisted in the financing aspect of the transaction. |