Saint Croix Holding Immobilier, SOCIMI, S.A. acquired two office buildings located in MadBit, Madrid from Marathon Asset Management, LP.
December 27, 2023
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Saint Croix Holding Immobilier, SOCIMI, S.A. (BDL:STCXH) acquired two office buildings located in MadBit, Madrid from Marathon Asset Management, LP on December 28, 2023. Savills Aguirre Newman advised Saint Croix. CBRE and InmoSpace Real Estate as intermediaries of the operation
Saint Croix Holding Immobilier, SOCIMI, S.A. (BDL:STCXH) completed the acquisition of two office buildings located in MadBit, Madrid from Marathon Asset Management, LP on December 28, 2023.
Saint Croix Holding Immobilier SOCIMI SA is a Spain-based company primarily engaged in the operation of hospitality real estate investment trusts (REITs). The Company focuses on the acquisition and development of urban properties for leasing. Its activities are divided into four segments: Hotels, operating touristic properties; Offices, developing real estate properties used for business purposes; Sales, leasing commercial premises, as well as Others, including logistics and distribution facilities. The Company's properties are located in a number of Spanish cities, such as Madrid and Huelva. Furthermore, It operates through various subsidiaries, including Compania Iberica de Bienes Raices 2009 SOCIMI SAU and Inveretiro SOCIMI SA.