BVK Invests in Retail Properties in Spanish Urban Areas Through Hines Account

Posted on 03/22/2017


Bayerische Versorgungskammer (BVK) has committed €190 million to acquire two prime high street retail assets with associated office space in Madrid (located on Calle Preciados – Maestro Victoria) and Barcelona (located on Paseo de Gracia 17). BVK made the investment through a €1.3 billion separate account overseen by Hines. Hines and Universal-Investment acquired the properties. […]