Protech Squared sells his #GreenHQ building, Located in the technical district of 22 @ in the center of Poblenou (Barcelona), for my stock company, operation of sell and lease back for the value of €8.8 millionAssumes that PropTech sells the property, recovers the invested money with a profit and continues to exploit it for the next 15 years.
Just twelve months after the initial purchase of a space that was practically abandoned, and its total transformation into a workspace, Psquared closed a sale that was profitable and exceeded investor expectations. This is a project that started in January 2022 with a Total investment close to 6 million euros figure that includes the purchase and remodeling of the building Highest in the block as it is a consolidated non-conforming quantity.
building is 1,855 square meters which turned into p2. it contains a ground floor, five storeys, an attic and two terraces, on the ground, approx. 200 associates who work in a hybrid/face-to-face format Near OdaraAn interior bar where you can have breakfast, lunch and coffee during the afternoon.
«Delivering value to verticals that are lagging behind at a technological level, such as protech This is an opportunity for us and for the region. Innovation, transparency and liquidity, along with a global reach, are the values that govern us. And with the sale of our iconic GreenHQ building, located right opposite Lallakuna Metro Station, we once again fulfill our promise to our investors”, he added. Nicolas Araujo Mueller, co-founder and co-CEO of Psquared,
for his part, Nicolas Manrique, co-founder and co-CEO of Psquaredsays: “Our approach to creating a talent-centred workplace has proven successful, engaging startup Promoting innovation and development in Barcelona. We look forward to further expanding our presence in the real estate market and offering high quality workspace solutions to companies of all sizes. As the founders creating value is one of our goals and in this case, we have achieved a return that exceeds investor expectations.”
With this operation, Psquared continues the commitment it started two years ago to recover specific spaces in the city, to recycle and transform them into workplaces focused on talent and adapted to the new, hybrid and flexible reality: #MovimientotrasnformarBarcelona. The keys on which they manage this building are digitization Based on innovation in the workplace, always putting talent at the center of the scene; And this sustainability with solar panels allowing energy recovery, He waste recycling And this scrupulous intelligence spaces with technology short trip space usage maps.
attract the attention of Talent Putting it at the center of the scene is the differential value of its growth model. protech, which presents a whole new way of working and doing business for the world of real estate. “The Green Headquarters is already the dream building for any company that wants to be chosen for talent. It is no longer a workplace but a building: ground floor, 5 floors and two terraces, a few meters from the beach, With 360º views given its height as it is a cohesive non-conforming volume, making it viewable from the top of the block and the mountains, the Sagrada Familia and even the beach,” he adds. Said Nicolas Manrique.
“in the subject sustainabilityWe applied a new style to manage it, reintegrating existing unused spaces into productive circuits and turning them into real estate assets, which allow companies startup And big companies, save money. We are the preferred choice by Founders, CEOs, CFOs and Investment groups as they keep an eye on their spends startup And we offer to go from capex to opex, without any hidden costs, under a turnkey proposition”, Araujo explains.
