SANT CUGAT GREEN
Sant Cugat Green is a modern office building in Barcelona with a 5,256 sqm data centre space and a restaurant for internal use by its tenants.
The property comprises three basement levels, a ground floor and four upper floors, and 580 parking spaces (of which 30 are for motorbikes).
The property has floor plates with more than 3,000 sqm situated around a central atrium and enjoys good natural light throughout the building. Sant Cugat Green is LEED Gold certified.
Sant Cugat is an attractive periphery office submarket within the metropolitan area of Barcelona. This has attracted a number of well-known companies to be situated in the area.
Originally built in 1993 as Deutsche Bank’s Southern Europe headquarters, it then become the main local office for DXC Technology (spin-off from HewlettPackard).
In 2022, a 12-year major new lease for the vacant data centre space was secured at the property, bringing up the occupancy rate of the property to 97.2% as at 31 December 2022 from 77.1% a year ago.
Click here to assess the property website.
Key Property Data as at 31 December 2022
| Year of Completion | 1993 and refurbished in 2018 |
| City Location | Barcelona, Spain |
| Ownership | 100% |
| Land Tenure | Freehold |
| Total Lettable Area | 26,134 sqm |
| Parking Spaces | 580 |
| Occupancy | 97.2% |
| Independent Valuation | €44.6 million |
Disclaimer
The information behind this electronic gatepost is only being made available to residents of Singapore.
In particular, the units of IREIT have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), and may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the U.S. Securities Act.
The units of IREIT are only being offered outside the United States in reliance on Regulation S under the U.S. Securities Act or otherwise pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the U.S.
By clicking on the "I agree" button below, you will have acknowledged the foregoing restrictions and represented that you are resident in Singapore and are not accessing this website from jurisdictions outside of Singapore, including the United States.
