Spanish holding company Emesa and developer Sacresa have plans to invest €270 million ($286 million) in a mixed-use project in Esplugues de Llobregat, located in the municipality of Esplugues de Llobregat, next to Barcelona.
The project will total 90,000 square meters (968,752 square feet) spanning six buildings. There will be twin towers with up to 23 floors and 20,000 square meters each; one will be an office and a 500-room hotel. Other buildings will be a student residence, or an apartment, and additional office space.
The Barcelona office market has closed 2022 with more than 300,000 rented square meters (3.23 million square feet), according to CBRE. “Despite the complications experienced worldwide in recent years in the office market, Barcelona continues to demonstrate its attractiveness and renews stabilized figures of around 300,000 square meters per year, separating them slightly and with some large operations already pending signature for the beginning o
