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Cain/FREO Forward-Sell €72m Barcelona Offices to PATRIZIA

Diagrame Office Completes Next Year
The Diagram office. (Cain International)
The Diagram office. (Cain International)
CoStar News
September 1, 2020 | 7:16 AM

Cain International, the privately held real estate investment firm operating in Europe and the US, and its partner FREO Group, have agreed the forward sale of Diagrame, a 15,000 sq m (161,000 sq ft) office development in Barcelona’s District 22@, to PATRIZIA AG. The transaction has been agreed using an earnout structure and reflects a minimum value of €72m.

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