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Starwood Capital acquires business park in Madrid

Private investment firm Starwood Capital Group has announced its acquisition of San Fernando Business Park in Madrid, Spain, through a controlled affiliate. Financial terms of the transaction were not announced. The property is an 87,000 square-metre office park and is occupied by tenants from a range of industries. Starwood Capital was advised by Drago Capital, Savills Aguirre Newman and Dentons on the transaction whilst the seller was advised by Herbert Smith Freehills and CBRE.

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Real Estate,commercial real estate deals,commercial real estate,real estate deals,office properties