SOLDOffice
KanAm Grund Acquires Office In Barcelona, Spain For €70M
Carrer De Tànger, 36, 08018 Barcelona, Spain
$70,000,000
Building Size
—
Asset Type
Office
Closing
Oct 21, 2021
About this deal
AI
The office property located at Carrer de Tànger, 36, 08018 Barcelona, Spain has been sold for a purchase price of €70,000,000. The property is situated in Barcelona, Spain and falls under the office asset class.
Summary of transaction details
- Property Type: Office
- Transaction Amount: €70,000,000
- Date: 21/10/2021
- Purchaser: KanAm Grund - Heiko Hartwig & Jan Jescow Stoehr
KanAm Grund, represented by Heiko Hartwig & Jan Jescow Stoehr, are the purchasers of the property. They have completed the transaction on 21/10/2021.
Players
Barcelona Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.23%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93