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The House

Advice on the purchase of an income-producing office building and active management

A project to convert a former house-studio into a flexible workspace next to the Sagrada Familia, in Barcelona’s Ensanche district. The space is designed to be home to startups looking for a hybrid working modality, a design focused on talent and flexible contract terms.

The building used to be an 800 sq m unit that began operating as a printing house in Barcelona’s industrial age. Some time later, the property was renovated by architects Benito Escat y Alberto Rovira and turned into a contemporary two-storey house-studio.

The transaction involved the purchase of a 630 sq m office space arranged over a ground floor and basement with independent access. The property can accommodate 96 workstations in open-plan areas featuring avant-garde design and an abundance of natural light. The Haus, as the project has been named, combines areas designed to integrate virtual and in-person work, which are compatible with a flexible, sustainable and talent-focused model.

The purchase transaction is linked to a lease agreement entered into with Psquared, the project developer. Psquared has refurbished and adapted the property and executed a 15-year lease agreement. During the life of the agreement, Psquared will sublease the office space to a final tenant, upon a commitment to comply with the rent agreed in the lease agreement.

PROJECT TYPE

Investment: advice throughout the purchase process Property Management

PURPOSE 

Purchase of an income-producing property

LOCATION

Barcelona (Catalonia, Spain)

TIPO DE ACTIVO

Offices

TOTAL AREA

630 m2

CLIENT

My Share SCPI

The asset sits on Calle Roger de Flor 233, right in the heart of Barcelona’s Ensanche district, very close to the Sagrada Familia, which is one of the city’s most coveted areas and one that is much sought after by companies due to its centrality and excellent transport links.

The Haus is a living example of Barcelona’s transformation—a city that, decades ago, had a predominantly industrial profile and is now experiencing a real revolution. Domestic and international startups and high-impact technological ventures choose Barcelona as a gateway to Europe.

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