AEW acquires Madrid office building from Union Investment

AEW Europe has acquired Edifico Amura on the outskirts of Madrid from Union Investment Real Estate. The asset has been purchased on behalf of the Europe Value Investors fund for €37m. Constructed in 2002, the five storey, 18,178 sqm office building offers two levels of basement parking. The property is leased in 67 percent to seven companies including GEA Process Engineering and Euronet Business.The building has BREEAM certification.