{"id":778508,"date":"2022-04-13T08:01:20","date_gmt":"2022-04-13T06:01:20","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/inovalis-reit-completes-its-first-acquisition-in-spain\/"},"modified":"2023-07-10T22:15:58","modified_gmt":"2023-07-10T20:15:58","slug":"inovalis-reit-completes-its-first-acquisition-in-spain","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/inovalis-reit-completes-its-first-acquisition-in-spain\/","title":{"rendered":"Inovalis REIT Completes Its First Acquisition in Spain"},"content":{"rendered":"TORONTO--(BUSINESS WIRE)--Inovalis Real Estate Investment Trust (TSX: INO.UN) (\"Inovalis REIT\") today announced that it has entered the Spanish real estate market with the purchase of two connected office buildings in Alcobendas, north of Madrid. The high-quality, modern office buildings, with approximately 118,400 SF of leasable space, are fully let to two blue-chip tenants from the aeronautical sector.\n\n\n\nThe leases are in line with market standards, including an annual indexation of rents to cover inflation and the full recovery of operating expenses. Current rents are lower than market levels, however the Inovalis S.A., the manager of the REIT, expects to align the rents with other competing assets over time, by improving the certificat<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>TORONTO&#8211;(BUSINESS WIRE)&#8211;Inovalis Real Estate Investment Trust (TSX: INO.UN) (&#8220;Inovalis REIT&#8221;) today announced that it has entered the Spanish real estate market with the purchase of two connected office buildings in Alcobendas, north of Madrid. The high-quality, modern office buildings, with approximately 118,400 SF of leasable space, are fully let to two blue-chip tenants from the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-778508","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Inovalis REIT Completes Its First Acquisition in Spain - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/inovalis-reit-completes-its-first-acquisition-in-spain\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inovalis REIT Completes Its First Acquisition in Spain - BeBeez\" \/>\n<meta property=\"og:description\" content=\"TORONTO--(BUSINESS WIRE)--Inovalis Real Estate Investment Trust (TSX: INO.UN) (&quot;Inovalis REIT&quot;) today announced that it has entered the Spanish real estate market with the purchase of two connected office buildings in Alcobendas, north of Madrid. 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