Saint Croix Holding Immobilier, SOCIMI, S.A. acquired office building located in Juan Ignacio Luca de Tena 17 street in Madrid for €24 million.
January 30, 2019
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Saint Croix Holding Immobilier, SOCIMI, S.A. (BDL:STCXH) acquired office building located in Juan Ignacio Luca de Tena 17 street in Madrid for €24 million on January 31, 2019. The purchase price has been partially paid with the sale of two commercial premises owned by Saint Croix, in particular, the commercial premises located on Caleruega 66, 68 and 70 street as well as in Rutilo 21, 23 and 25 Street, both in Madrid. The sale price of these commercial premises has been set at €3.56 million, so Saint Croix has paid the difference in cash, that is, €20.39 million to complete the purchase price.
Saint Croix Holding Immobilier, SOCIMI, S.A. (BDL:STCXH) completed the acquisition of office building located in Juan Ignacio Luca de Tena 17 street in Madrid on January 31, 2019.
Saint Croix Holding Immobilier SOCIMI SA is a Spain-based company primarily engaged in the operation of hospitality real estate investment trusts (REITs). The Company focuses on the acquisition and development of urban properties for leasing. Its activities are divided into four segments: Hotels, operating touristic properties; Offices, developing real estate properties used for business purposes; Sales, leasing commercial premises, as well as Others, including logistics and distribution facilities. The Company's properties are located in a number of Spanish cities, such as Madrid and Huelva. Furthermore, It operates through various subsidiaries, including Compania Iberica de Bienes Raices 2009 SOCIMI SAU and Inveretiro SOCIMI SA.
SAINT CROIX HOLDING IMMOBILIER, SOCIMI, S.A. 
