• The €5.9 million transaction reflects the strong confidence in Azaria Rental by the leading pension funds manager in Canada. • Azaria´s business plan for the next two years foresees new acquisitions and starting trading in the Spanish continuous stock market. Madrid, November 25th, 2020 – PSP Investments, the leading pension funds manager in Canada,...Read More

Madrid, 16th September 2020. – For the third time, Drago has been recognized as “Best Real Estate Investment Management Firm in Spain in 2020”, according to the prestigious ranking published annually by Euromoney and for five consecutive years our asset management company ranked among the top 3. This new recognition by Euromoney as “Real Estate...Read More

• In less than 6 months, Drago has managed the lease of 6,800 sqm between the engineering Prointec (Grupo Indra), Mitsubishi Electric, DHL, and Hoffmann Iberia. • With this renewal, the San Fernando Business Park absorbs more than 1,200 sqm of office surface. Drago renews with Hoffmann Iberia, European leader in the distribution of industrial...Read More

Las Mercedes business park (Madrid) has a new owner. The American fund, Starwood Capital, has closed the acquisition of the asset for 200 million euros. Starwood was a favourite in Green Oak’s process – its owner from June 2016, who bought the asset for 140 million from Standard Life Investment. The business park is located...Read More

In the last 12 months, Drago has invested 250 million euros in business parks hand in hand with one of its institutional partners, Starwood Capital, and expects to materialise various acquisitions during the second half of the year. San Fernando Business Park, one of its main assets, houses tenants like German company DHLL or Mitsubishi...Read More

Drago reiterates its commitment to luxury housing. The real estate investment company has closed the pre-commercialisation of the 34 homes that make up the new luxurious residential development that is rising in the vicinity of Selwo natural park, in Estepona, Costa del Sol. This new promotion gives continuity to the business plan established by the...Read More

Drago continues to invest in Miami. The firm has obtained the necessary permits to develop its second hotel project in Miami Beach and has started the rehabilitation works. They are expected to be completed in the first quarter of 2020. After the purchase of the property at the end of 2017, the firm has worked...Read More

The north American fund, Starwood Capital, finalises the acquisition of four buildings in Madrid and a fifth one in Barcelona for 150 million euros, all of them property of Oaktree and German company Freo. With this deal, Starwood strengthens its position in Spain. In the last few months it had already purchased assets valued at...Read More

The new project seeks to align with the most innovative trend of collaborative working spaces. In addition to this space, the complex in San Fernando de Henares (Madrid) has implemented services like car sharing, electric vehicle charging stations or a quick car repair workshop. The business park has also closed the entry of a new...Read More

Allianz completes the acquisition of the office complex and the shopping center Castellana 200 for 250 million euros. Before the deal, Castellana 200 was in the hands of the socimi Silvercode, owned by the Canadian pension fund manager PSP and Drago. The complex was promoted by Reyal Urbis in 2009 and has a gross leasable...Read More