The Azora Group began its investment in the office segment in 2007, having since invested in over 40 buildings and a total of almost 320,00sqm.

The Azora Group´s investment strategy in the office segment focuses on offices with added value, both within the central business district of Madrid and Barcelona and the development of assets in new business districts.

The Azora Group seeks to meet the needs of tenants by creating high-quality modern assets, through the repositioning of existing buildings as well as through the development of class-A buildings.

Characteristics of the assets under investment:

  • Buildings with the potential for conversion into an institutional and class-A product.
  • Excellent location in consolidated office districts.
  • Locations: Madrid and Barcelona

Azora Europa was created in 2007 with the aim of investing in real estate assets in Eastern European countries.

The vehicle was established as a closed investment vehicle, with an investment period which ended in 2013.

Azora Europa carried out the management of office buildings on a rental basis.

At the end of 2019 Azora completed the divestment of Azora Europa, which had 12 office buildings with more than 100,000sqm of gross leasable area and with an occupancy close to 100%.

Azora Europa was present in Poland and the Czech Republic:

  • Warsaw
  • Krakow
  • Wroclaw
  • Prague
  • Brand new or completely renovated buildings.
  • Careful design, quality materials and integrated into the environment.
  • Excellent location in consolidated office districts.

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