Uría Menéndez Advises on €300 Million Amazon Spain Acquisition
Deal News | Apr 16, 2025 | Iberian Lawyer
Uría Menéndez, a prestigious law firm, played a key advisory role in the recent notable transaction involving the sale of Prado Urban Business Park, a prime real estate asset located in Madrid. The deal, valued at approximately €300 million, was orchestrated by IBA Capital Partners and Batipart who acquired the complex from Axa. This region is not only pivotal due to its value but also because it serves as Amazon's headquarters in Spain, alongside hosting offices for the Autonomous Region of Madrid and the Madrid City Council. The transaction is indicative of ongoing confidence in Madrid's real estate market, especially amongst international investors. Uría Menéndez's dedicated team for the transaction was led by Diego Armero, with support from professionals spanning M&A-Real Estate, Banking and Finance, and Tax teams, emphasizing the firm's comprehensive capability in managing complex financial transactions.
Sectors
- Real Estate
- Corporate Finance and Legal Advisory
Geography
- Spain – The transaction pertains to a major property in Madrid, Spain, signifying the region's attractiveness as a real estate investment hub.
- Madrid – Madrid is the specific location of the Prado Urban Business Park, making it central to the transaction and highlighting its significance as a commercial center.
Industry
- Real Estate – The deal involves the acquisition of a significant real estate asset, the Prado Urban Business Park in Madrid, which houses Amazon's Spanish headquarters.
- Corporate Finance and Legal Advisory – Uría Menéndez's role as advisor encompasses legal and financial services, highlighting the importance of legal advisory in large-scale real estate transactions.
Financials
- €300 million – The acquisition cost of the Prado Urban Business Park in Madrid.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Uría Menéndez | Legal Advisor | Company | A leading Spanish law firm advising on the acquisition. |
| IBA Capital Partners | Buyer | Company | A real estate investment firm partnering in the acquisition. |
| Batipart | Buyer | Company | A European investment group collaborating in the acquisition. |
| Axa | Seller | Company | The insurance and asset management company selling the property. |
| Amazon Spain | Tenant | Company | Tenant of the Prado Urban Business Park, serving as its Spanish headquarters. |