Swiss Life buys 50 million euro Barcelona office space

MADRID (Reuters) - Swiss Life Asset Managers SLHN.S said on Thursday it bought an 8,524 square-metre property in Barcelona's 22@ business district from German asset manager Freo, in one of the first major office real-estate deals since Spain emerged from lockdown in June.

The deal was valued at around 50 million euros (46 million pounds) and was signed earlier this week, a source close to the transaction said.

The building's current tenant, digital advertising firm Criteo CRTO.O, will remain headquartered there, in the middle of Barcelona's 22@ district, the Spanish home of tech startups and multinationals including Amazon.

Real-estate services firm Cushman & Wakefield CWK.N advised Freo on the sale.

Reporting by Clara-Laeila Laudette; editing by Nathan Allen;Editing by Elaine Hardcastle