Estel

Barcelona, Spain

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FREO has acquired this property in partnership with a leading American private investment firm. The building offers 51,600 sqm of office and retail space and is destined to become one of the most emblematic projects in the city.

Acquisition: December 2021
Completion: Q1/2025
Rentable Area (m²): 51,600
Certification: LEED Platinum, WELL Platinum, WiredScore Platinum, SmartScore Platinum
Website: https://estelbarcelona.com

Offering two towers of 14 and 7 floors connected at ground and first floor levels, Edificio Estel was designed by renowned architect, Francesc Mitjans and is a dominant feature on Barcelona ́s skyline. It is well positioned to be the leading scheme in the submarket and one of 4 top schemes in Barcelona.

Using part of the existing structure, Freo will undertake an extensive redevelopment of the asset, converting it into a premium mixed use scheme, catering to the longstanding under-supply in central Barcelona. The project will incorporate best-in- class office space, extensive amenities, high quality retail and have a focus on sustainability, smart concepts and ESG credentials.

Key activities:

Sourcing and Acquisition
Asset Management
Development Management
Disposal

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Estel - Barcelona, Spain

Estel - Barcelona, Spain

Estel - Barcelona, Spain

Estel - Barcelona, Spain

Estel - Barcelona, Spain

Estel - Barcelona, Spain

Estel - Barcelona, Spain

Estel - Barcelona, Spain

Estel - Barcelona, Spain

Estel - Barcelona, Spain

Estel - Barcelona, Spain

Estel - Barcelona, Spain

Estel - Barcelona, Spain

Estel - Barcelona, Spain

Estel - Barcelona, Spain

Estel - Barcelona, Spain