Renta Corporación Real Estate S A : Corporación Closes the Sale of a Property of More than 3,000 m2 in Barcelona

Renta Corporación Closes the Sale of a Property of More

Than 3,000 m2 in Barcelona

• ● The project includes the redevelopment of a car park to create premises which will be home to a clinical analysis laboratory

• ● This represents another step for the company in consolidating its market position, including in those segments in which it has only just begun operating

• ● This sale was closed with the support of FORCADELL

Barcelona, 25 March 2022.- Renta Corporación has closed the sale of property of more than 3,300 m2 in Barcelona. The project will include the redevelopment of a building that is currently used as a car park, creating a space for a laboratory dedicated to clinical analysis, anatomical pathology and industrial microbiology.

Located in the district of Eixample, the property will connect two existing spaces: the first with access from Provença Street, and the second encompassing part of the building's interior patio, which is currently a car park. The resulting premises will be divided into a ground floor and first floor and will have accesses from Provença Street and Rosselló Street.

This transaction represents another important step for Renta Corporación, as it strengthens its position in a number of market segments, such as offices, logistics and hospitality, as well as residential properties, a sector in which it has a significant presence. The company also expects 2022 to be a good year for submarkets such as storage spaces.

In the words of David Vila, CEO of Renta Corporación: "Renta Corporación's experience with such transactions and creating value in our projects is what allows us to grow our business as we move into sectors with great potential that we had yet to explore until now."

This sale was closed with support from FORCADELL. Their Offices Department manager, Manel de Bes, believes that "the change of use of spaces is currently a growing trend that is providing new business opportunities." De Bes adds that "it is a way to add value to properties that originally were only suitable for one type of use."

About Forcadell

FORCADELL was founded in 1958 and is a business group specialising in property management and sales of buildings in the residential, commercial, offices, industrial and logistics sectors. The company also offers architecture, renovation and consulting services, legal advice and insurance brokerage. With its main offices in Barcelona (Pl. Universitat, 3), the group's president is Carles Vila i Polls, with Ivan Vaqué i Mas as managing director. FORCADELL is currently one of the leading global consultants operating in the Spanish

property market. It employs nearly 200 people and has offices in Terrassa, Granollers, Gavà, Mollet del Vallès, Madrid and Palma de Mallorca.

For more information:www.forcadell.cat

Laura Abadall.abadal@forcadell.cat

Sobre Renta Corporación

Renta Corporación es una inmobiliaria cotizada con un modelo de negocio diferencial basado en la creación de valor mediante la adquisición de activos inmobiliarios para su transformación y adaptación a las necesidades del mercado, para su posterior venta a terceros. La inmobiliaria centra su foco de negocio en los mercados de Madrid y Barcelona, las dos plazas más líquidas y con más actividad en España. La compañía complementa su modelo de negocio a través de su actividad patrimonial, gestionando activos inmobiliarios de diferente naturaleza, tanto de su propiedad como de sociedades participadas, principalmente de la socimi residencial Vivenio.

For more information:www.rentacorporacion.com

Violant Flores:vflores@llorenteycuenca.com Ramon Torné:rtorne@llorenteycuenca.com