CAT REAL ESTATE CLOSES THE BEST SEMESTER IN ITS HISTORY WITH 28 MILLION EUROS INVESTED ONLY IN BARCELONA
The growth of one of the leading real estate consultants has forced the expansion of its team, enlarging its workforce and moving its headquarters to Calle Diagonal 472
Barcelona 12 September 2018.- It has been 15 years since Cat Real Estate was founded and the first six months of this year have been the best for the company so far. The transactions in which they have intermediated in Barcelona amount to 28 million euros, 70% in commercial assets (premises and offices) and 30% in residential assets.
Among these operations, we can highlight the sale to a foreign investor of 450 sqm offices in Calle Paseig de Gràcia number 54 at the price of € 6,500 / sqm. A feverish activity where the local family offices have gained special prominence. They have placed a strong bet on the city and fully trust in its growth and capacity to generate business.
Eixample is one of the areas where there has been greater investment, other upwards locations have been Paral·lel or Sarrià, always betting on the city center. Cat Real Estate still has 20 million euros committed to invest in Barcelona before the end of the year. The average returns have been of 5%, reaching 4% in some prime locations.
Cat Real Estate continues to lead the investment market in Barcelona and has expanded its management portfolio in 500 million euros managed in real estate assets.
According to statements by Nacho Castella, its manager “investment is active in our city; a lot of capital is invested in Barcelona, especially local investors who strongly bet on the city and its opportunities. From Cat Real Estate we support and hope to maintain this pace until the end of the year. ”
As a result of this growth, the Catalan consultancy has acquired new offices on the Diagonal 472-7th street of 200sqm, where it will move its main offices. It will carry out a total rehabilitation of the space and will increase its staff by 20%, betting strongly on new technologies in all jobs.
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