La Caixa backs Henderson Park's Gran Via buy

Henderson Park Gran Via 43

Investor Henderson Park has acquired a prime high street mixed-use building on Gran Via in Madrid backed by €39m (£34.5m) of senior acquisition financing from La Caixa.

The 79,000 sq ft multi-let high street asset at 43 Gran Via is spread across 11 levels, with the lower two floors comprising retail units and the remainder made up of office space. The acquisition from Spanish pension fund Mutualidad General de la Abogacia is a third buy in Spain for Nick Weber’s Henderson Park having acquired the Los Cubos office in Madrid and a 750 student accommodation scheme in Barcelona earlier this year.

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