Arago-Oficinas-Alquiler

Alting acquires a new building on Barcelona’s Aragó Street

Alting Real Estate Group has purchased a new building located at number 495 Aragó Street in Barcelona, on the corner with Castillejos Street, very close to 22@ District and the Sagrada Familia.

The building was purchased from REVLON and used to be the renowned US cosmetics brand’s hairdressing school. The transaction was conducted with the intermediation of JLL.

It is a corner building with a façade 24 meters long and an area measuring approximately 1,000 m² distributed into a first floor and 2 upper floors.

Alting forecasts a total investment in the project of approximately €3M with the goal of maximizing the building’s value. The company is conducting an in-depth technical study of the project, which could be given different uses: residential, offices or a large shopping/retail center.

Alting, a 43-year-old real estate group, advocates a clear strategy of acquiring and creating value in office and residential buildings and hotels located in the best zones of Barcelona and Madrid, and later adding them to its portfolio of premium properties for rent or putting them up for sale for subsequent reinvestment.

For more information, contact comunicacion@alting.com.

Privacy Preferences
When you visit our website, it may store information through your browser from specific services, usually in form of cookies. Here you can change your privacy preferences. Please note that blocking some types of cookies may impact your experience on our website and the services we offer.