Stoneshield, Juan Pepa's fund, finalizes the purchase of the former Mediapro headquarters for 40 million

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niloyhossain1111
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Stoneshield, Juan Pepa's fund, finalizes the purchase of the former Mediapro headquarters for 40 million

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Juan Pepa and Felipe Morenés negotiate their landing in Barcelona. The Stoneshield fund finalizes the purchase of the former Mediapro headquarters for between 35 and 40 million euros from Tikehau Capital and Ireit Global , owners of the asset. The Il·lumina building is located at number 81 Gaspar Fàbregas i Roses street and has a useful area of ​​about 20,000 m2.

Stoneshield is expected to transform the asset for the Brazil TG Number Data health sciences sector; In fact, the company already has experience in this field, with a biomedical campus in Tres Cantos (Madrid). The property, located in Esplugues (Barcelona), has 80% occupancy, with tenants such as TV3, Agfa Healthcare, Areas, Comdata Group or Coca-Cola Iberian Partners.

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Three weeks ago, Stoneshield purchased a 5,000 square meter office building on the Masid campus from the insurer Generali, in the Madrid district of Fuencarral-El Pardo. In 2022, the fund had already announced its intention to create a campus focused on innovation, research and technology in Madrid; Specifically, the intention was to create a business park of 60,000 square meters spread across fifteen buildings.

In addition, Morenés and Pepa's company is also developing its student residence platform. By the end of 2023, Stoneshield stated that he planned to double the size of this segment. Currently, the company has 46 operational or developing residences located in Spain and Portugal, which have a total value of approximately one billion euros.

Stoneshield Capital, founded in 2018 by Juan Pepa and Felipe Morenés, has 3 billion in assets under management and employs more than 1,200 people in its different companies. The fund is one of the main shareholders of Neinor, with a 25% stake in the developer, after acquiring 2.3% of the real estate company's capital. In fact, the package acquired last August had a market value of 16.2 million euros.
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