Spain's Colonial snaps up T-Systems HQ in Barcelona for €100m

Spanish office REIT Colonial has confirmed the acquisition of the Spanish head office of T-Systems in Barcelona's 22@ district for some €100 mln.

The building, located at 110-130 Sancho de Ávila, was sold by the Catalan Castellvi family. It is fully leased to T-Systems, a subsidiary of Deutsche Telekom.

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