Grupo La Finca (GLF), the majority owner of La Finca Global Assets (LFGA), has agreed to acquire an additional 38 per cent stake in the business from Värde Partners, a global alternative investment firm, for EUR130 million with EUR2 million conditional on achieving certain targets by LFGA during 2022.
Grupo La Finca (GLF), the majority owner of La Finca Global Assets (LFGA), has agreed to acquire an additional 38 per cent stake in the business from Värde Partners, a global alternative investment firm, for EUR130 million with EUR2 million conditional on achieving certain targets by LFGA during 2022.
LFGA owns 11 buildings in Madrid’s central business district as well as LaFinca Business Park, one of the largest business parks in Europe located in Pozuelo de Alarcón, offering more than 225,000 sq m of office space.
Värde Partners initially purchased its stake in LFGA in December 2016.
