Seville, with almost 700,000 inhabitants, is the capital of Andalusia. It is renowned for its thriving tourism industry and for being a leading force in the agriculture and aeronautics sectors, as well as in services. It was the first city to be connected to Madrid via high-speed train (AVE), a transport link that has brought great economic benefits to the city.
CBRE opened its Seville office in 2016, with the aim of extending our footprint in the south of Spain. Our company played a defining role in the largest real estate asset sale ever completed in the history of Andalusia and Spain: 70 headquarter buildings owned by the Andalusia Regional Government completed in December 2014 for €300 million. We provided buy-side advisory to US fund WP Carey, who successfully acquired the entire property portfolio.