Goldman Sachs hangs «for sale» sign on AGBAR’s HQ in Barcelona.

Three years post acquisition, Goldman Sachs is selling the current headquarters of Barcelona’s General Water Company (AGBAR), a property known as «D38». According to Spanish newspaper, Cinco Dias, offers are expected to be in the region of €100M,

The New York-based investment bank bought the property from Spanish bank, Bankia, as part of a larger €355 million portfolio in 2015. The office complex, which is located in the Passeig de la Zona Franca, was designed by Japanese architect Arata Isozaki and developed by Habitat, a now defunct property developer which was owned by the Catalonian Figueras family.

Barcelona’s sate controlled water company relocated to this building in 2015 after leaving its former HQ in the Torre Agbar, now known as the Torre Glòries.

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