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Eversheds advises Credit Suisse on €30.8 million sale

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    The Madrid office of Eversheds has advised Credit Suisse on the sale of the former headquarters of Philatelic Forum in Madrid for €30.8 million to Mutua Madrileña, one of the main insurance companies in Spain.

    The building acquired by Mutua Madrileña, which belonged to a real estate Credit Suisse fund, is located at José Abascal 51, in the best business area in Madrid and along the Paseo de la Castellana. The new building has a total area of 3,600 square metres which are distributed over 7 floors, plus 62 parking spaces.

    The team was led by partner Rafael Arráez supported by associate Ignacio Fraile.

    Rafael commented:

    “Working for CSRE on this transaction has been a pleasure. We have connected very well with both the Spanish and Swiss teams of CSRE and really look forward to working with them on new transactions”.


    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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