Real assets fund manager Stoneweg is expanding its Spanish office portfolio after securing a new site in Barcelona’s 22@ district for a €50 million development.
Stoneweg, alongside Nova Providence Capital, has secured the prime development site through a Stoneweg-managed vehicle, with plans to construct the 18,500 square meters office tower.
The seven-storey office building, located on Bolivia Street in Barcelona’s urban renewal area, is scheduled for completion in 2029, Stoneweg said.
Source: realassets.ipe.com on the 11th of June