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Transactions - JANUARY 8, 2019

LaSalle purchases Madrid office for €100m

by Andrea Zander

LaSalle Investment Management has purchased the future headquarters of Repsol in Atocha, in the Méndez Álvaro area of Madrid, from Royal Metropolitan for €100 million ($114million), according to media outlets.

The Repsol building dates back to the 19th century and was the center of activity for Tabacalera, a former tobacco factory. Two decades ago it was converted into an office building.

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