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Germany’s KGAL Enters Spanish Market With €100 Million Barcelona Office Buy

Buys 14-Storey Torre Esteve from Iberdrola Inmobiliaria
The Torre Esteve in Barcelona (Source KGAL)
The Torre Esteve in Barcelona (Source KGAL)
CoStar News
June 29, 2021 | 11:54 AM

KGAL Investment Management GmbH & Co. KG has made its first foray into the Spanish real estate market with the purchase of the Torre Esteve building behalf of a pan European real estate AIF from Iberdrola Inmobiliaria S.A for €100m, Costar News understands.

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