Pinsent Masons Advises on Fuencarral Market Sale
Deal News | Jan 16, 2025 | Iberian Lawyer
Pinsent Masons, an international law firm, has provided advisory services to Columbia Threadneedle in the sale of the former Mercado de Fuencarral located in Madrid. The purchaser, Gregorio Jiménez, is the president of Restaurant Brands Europe, a prominent conglomerate that owns Burger King, Popeyes, and Tim Hortons. The property, encompassing over 2,400 square meters across three floors, is currently tenanted by Decathlon, a well-known sports retailer. Previously, AEW Europe was the property’s owner. The legal advisory team from Pinsent Masons was spearheaded by José Luis García-Manso, alongside Fernando Bazarra and Guillermo Medina, with support in tax and financial matters from Gonzalo Gil and Pedro Gila respectively.
Sectors
- Real Estate
- Legal Services
Geography
- Spain – The transaction involves the sale of a property located in Madrid, Spain.
- Europe – Participants involved in the transaction, such as Restaurant Brands Europe, operate on a pan-European basis.
Industry
- Real Estate – The article discusses the sale of a major commercial property, the former Mercado de Fuencarral in Madrid.
- Legal Services – Pinsent Masons provided legal advisory services for the transaction, highlighting the role of legal services in real estate deals.
Financials
- – The article does not disclose the financial details of the transaction.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Pinsent Masons | Legal Advisor | Company | An international law firm providing legal services for the transaction. |
| Columbia Threadneedle | Selling Company | Company | The company selling the former Mercado de Fuencarral. |
| Gregorio Jiménez | Buyer | Person | President of Restaurant Brands Europe who purchased the property. |
| Restaurant Brands Europe | Parent Company | Company | Parent company of Burger King, Popeyes, and Tim Hortons, headed by Gregorio Jiménez. |
| Decathlon | Tenant | Company | Current tenant of the former Mercado de Fuencarral premises. |
| AEW Europe | Previous Owner | Company | Former owner of the property before Columbia Threadneedle. |