Ardian closes second real estate deal in Spain with purchase of former Cetelem headquarters

French management company Ardian has bought the former Cetelem headquarters in Madrid’s Méndez Álvaro district from BNP Paribas with a view to refurbishing the building and leasing to new tenants. Cuatrecasas collaborated with Italian law firm Chiomenti on commercial and tax matters of this transaction related to designing and implementing the investment structure.

The Barcelona office team advising on the deal was made up of lawyers Gerard Correig and Claudio Hoyos from Corporate and M&A, with Pedro Amat and Brígida Galbete from Tax.