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300 M€ deal for Batipart Europe in Spain

The family-owned group acquires a vast tertiary complex in a joint venture with a French family office and the support of institutional investors.
Le Prado Urban Business Park, à Madrid (CoStar)
Le Prado Urban Business Park, à Madrid (CoStar)
Business Immo
April 17, 2025 | 6:34 AM

Translated from French.

According to many observers, this is the biggest transaction in Spain in recent years. It was signed by Batipart Europe in a 50/50 joint venture with IBA Capital Partners, the Operating Partner of the Spanish real estate company Zambal, owned by the Castel family. In the deal, Batipart brought along two institutional investors, including Covéa.

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