NovoNordisk_CushmanWakefield_RPF_FINAL

51 Novo Nordisk | Cushman & Wakefield

Broker Opinion of Rent: 180 EUR per sqm annually NNN This was a landlord's market Pre-COVID, especially in CBD areas, but now we will see good oportunitues in periphery locations. The building is a consolidated office area located next to the Airport witl good public transport and level of amenities. LEASE OVERVIEW SUBMARKET OVERVIEW MARKET OVERVIEW Landlord: Tristan Capital Partners Submarket Name: Campo de las Naciones Market Name: Madrid Lease Expiration: 12/31/2024 Submarket Rent: 180 EUR per sqm annually Annual Market Rent: 204 EUR per sqm annually Client Occupied Area: 2,928 sqm Annual Rent Growth: 2% Annual Rent Growth: 2% Asset Type: Office Vacancy Rate: 17.9% Vacancy Rate: 8.4% Class: A Inventory Area: 228,000 sqm Inventory Area: Under Construction: 13,519 sqm Under Construction: 300,000 sqm

MARKET INSIGHTS

Via de los Poblados, 3 Parque Empresarial Cristalia Edificio 6-3a Planta | Madrid, Spain