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Lar España sells Barcelona office building for €28.8M

Lar España Real Estate SOCIMI SA sold the Joan Miró office building in Barcelona to AEW for €28.8 million.

The Spanish real estate investment trust said the sale price of the property at Calle Joan Miró represents a 27% increase over the price it paid to acquire the asset in June 2015.

Savills Aguirre Newman and Uría Menéndez were Lar España's advisers on the deal.