Henderson Park has exchanged contracts on the sale of Los Cubos in Madrid to ATREA Real Estate, a Madrid‑based real estate investment platform led by Luis López de Herrera‑Oria, for €91 million ($107 million).
In line with Henderson Park’s value-add strategy and leveraging its expertise in undertaking brown-to-green redevelopments of well-located offices with good underlying fundamentals, the firm has completed a comprehensive modernization of the building to create a vertical campus. The refurbishment comprises upgrading the office’s façade, auditorium and interiors alongside a thorough technological overhaul and the addition of amenities designed to enhance occupier experience and wellbeing. The amenities include new communal areas, the Faborit cafeteria, more than 4,000 square meters (43,056 square feet) of external terraces, a gym and a padel court. The works also have prioritized significantly improving Los Cubos’ sustainability credentials, achieving a LEE
