Ardian makes first real estate investment in Spain

A Madrid office building is Ardian's first real estate investment in Spain via a dedicated Italian real estate Sicaf investment platform owned by Ardian and managed by Prelios SGR.

The building is located near Madrid’s AZCA, which is its main financial district. The property benefits from commuter links and houses the Spanish headquarters of a number of multinational companies, including EY, Deloitte, Google and Accenture.

Ardian launched its Spanish real estate focus at the end of 2019. The fund’s strategy is to buy assets that require active management in order to support . . .

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