10 Dec 2025

Uría Menéndez advises BC Partners and FREO Group on sale of Novartis headquarters in Barcelona

"Uría Menéndez advised BC Partners and FREO Group on the sale of the Monumento office building, Novartis's Barcelona headquarters, to InmoCaixa and on the cancellation of the associated financing. The 12,000 sqm property comprises nine above-ground floors and four underground parking levels with 114 spaces."

Uría Menéndez advised BC Partners and FREO Group on the sale of the Monumento office building, the headquarters of Novartis in Barcelona, and on the cancellation of the associated financing. BC Partners and FREO Group have sold the Monumento building, located at Gran Via de las Cortes Catalanas 764 in Barcelona, to InmoCaixa. The asset has a surface area of approximately 12,000 square metres and serves as Novartis's regional headquarters. The property comprises nine floors above ground and four underground parking levels, offering a total of 114 parking spaces. Uría Menéndez also advised on the cancellation of the financing linked to the asset. Uría Menéndez represented BC Partners and FREO Group with a team composed by: Diego Armero (partner, M&A – Real Estate); Iván Abad (partner, M&A – Real Estate); Luis Alberto Carrión (managing associate, Tax); Ana Vargas (associate, Finance); María Llosá (associate, M&A – Real Estate); and Candela Medrano (trainee lawyer, M&A – Real Estate). All members of the team were based in the firm's Madrid office.
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