Meridia III Advances its Divestment Programme with the Sale of an Office Building in Madrid
Meridia is pleased to announce the sale of an office building located at Julián Camarillo 4, one of Madrid’s most dynamic and fast-evolving office submarkets, which continues to attract growing demand from technology and innovation-driven occupiers. The transaction was completed for a total consideration of €17 million.
The asset comprises approximately 10,000 sqm and forms part of a broader business complex featuring communal areas, controlled access and private security. The property hosts a roster of high-quality tenants. Meridia executed a comprehensive repositioning plan, transforming the building into a modern, ESG-compliant workplace with BREEAM Very Good certification.
This transaction is aligned with Meridia III’s ongoing divestment programme and follows the recent sale of Barnasud, a retail centre in Gavà. With only two remaining assets, the vehicle is nearing the completion of its divestment phase. Meridia IV is also progressing through its own exit phase; while the firm continues to invest through Meridia V, its latest real estate value-add vehicle.
Meridia has co-authored the sixth edition of the Sustainable Finance and Circular Economy Papers, a publication by Fundación ICO in collaboration with Afi, dedicated this year to sustainable construction.
Meridia has reached an agreement to acquire Skypark Valdebebas, with final closing expected to take place in December 2025. The asset is a prime multifamily residential complex located in one of Madrid’s most growing and dynamic submarkets.
Meridia has completed the sale of a portfolio of two hotels, Hotel Gallery in Barcelona and Hotel Molina Lario in Málaga, to Catalonia Hotels &
Resorts.
We are proud to share that we have once again achieved the highest rating of 5 stars across all UNPRI modules this year.
