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LCI Sells Land To Invesco Mark1199 For Development Of Its Design School

Under a 25-year rental agreement upon completion of the building

LCI Sells Land To Invesco Mark1199 For Development Of Its Design School. The Canadian group LCI Education sells to Invesco Real Estate a land for office use in 22 @ in Barcelona for the development of its design school . On this plot, the American fund will promote a turnkey project that covers an area of ​​9,090 m2 distributed over 7 floors. Colliers has advised the Canadian group on the sale.

The operation has been structured under a 25-year rental agreement once the building is finished . Thus, from 2024, Barcelona will have a new campus specialized in design, audiovisual arts and management of creative industries that will attract more than 2,000 students to Barcelona.

“This operation demonstrates the continuous appetite for investing in Barcelona and, specifically, in the 22 @ district, which continues to be the center of attraction for sectors such as technology, services, and education, with the presence of leading international companies in their fields. sectors . An example of urban transformation and a source of inspiration for other cities “, points out Diego Oliver, director of the Barcelona office in Colliers.

During the second semester of the year, “operations in Barcelona will follow one another, since we again have strong investment pressure after a 2020 of great uncertainty and little investment. In the remainder of the year, investment in offices in Barcelona will continue in the levels reached during the first semester, more than 600 million euros “, adds Oliver. LCI Sells Land To Invesco Mark1199 For Development Of Its Design School.

“With this operation, LCI Education obtains liquidity to continue developing its educational model and offer a unique experience to the more than 2,000 students that the new campus will host in the 22 @ district of the city of Barcelona,” says Germán Fernández, managing director of the Barcelona office in Colliers.

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