The yet to be listed REIT, Brickstock, has signed an SPA to buy the Torres de Hércules Business Center in Cadiz, which was the tallest building in the Andalucian region until the unveiling of the Torre de Sevilla in 2012. The group recently signed an investment contract with Nyesa in march for a non-monetary capital increase of €17M.
The complex was designed by Rafael de La Hoz and includes two 20 story towers of 1,000m² each located in Las Marismas de Palmones. It cost over €40 million euros to construct and tenants include Maersk’s HQ for Southern Europe as well as Spanish companies such as Cepsa and Acerinox.
Brickstock was registered on the 12th of July 2017 and its president is José Antonio Bartolomé Nicolás a former major shareholder of Urbas Grupo Financiero