Inbest Socimi Sells Prime Madrid Properties
Deal News | Mar 05, 2025 | Iberian Lawyer
Inbest Socimi, an investment vehicle managed by Inbest Real Estate, has sold three commercial premises at the iconic Princesa Street in Madrid. These premises span a total area of 3,311 square meters and include a BBVA branch, a BM supermarket, and another premise with separate access from Tutor Street. The legal advisory for this transaction was managed by Andersen, with key personnel involved being Csar Morales, partner and head of the Real Estate department, and Juan Luis Vives, senior associate. Inbest Socimi specializes in acquiring and managing high street retail assets with a portfolio valued at approximately 500 million euros and properties across major Spanish cities such as Madrid, Valencia, Bilbao, and Las Palmas de Gran Canaria.
Sectors
- Real Estate Investment
- Legal Advisory
Geography
- Spain – The transaction involves properties located in Madrid, which is a major urban area in Spain, and other regions such as Valencia, Bilbao, and Las Palmas de Gran Canaria.
Industry
- Real Estate Investment – The article involves the sale of commercial real estate by an investment vehicle specializing in high street retail assets.
- Legal Advisory – The involvement of legal advisory services, specifically by Andersen, plays a crucial role in facilitating the transaction.
Financials
- 500 million euros – Value of the properties managed by Inbest Socimi across various cities, including Madrid.
- 3,311 square meters – Total area of the three premises sold on Princesa Street.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Inbest Socimi | Target | Company | An investment vehicle managed by Inbest Real Estate, specializing in retail high street assets. |
| Andersen | Legal Advisor | Company | Provided legal advisory services for the sale of the commercial premises. |
| Csar Morales | Partner and Head of Real Estate Department | Person | Led the legal advice team at Andersen for this transaction. |
| Juan Luis Vives | Senior Associate | Person | Senior associate in Andersen's Real Estate department, involved in the advisory process. |
| Private Investor | Buyer | Company | Acquired the three premises located at Princesa Street in Madrid. |