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.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article

Registration includes the following benefits:

  • Access up to four FREE articles per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.

Registered users and subscribers SIGN IN here to continue