Overview

• Pontegadea Inversiones closed the €250 million purchase of the former Planeta Group headquarters at 662 Avenida Diagonal in Barcelona.
• The 27,300–28,000 m² landmark building, designed by Josep Maria Fargas and Enric Tous, served as Banca Catalana’s headquarters until 1980 and later housed BBVA.
• Blackstone, owner since 2018 after a roughly €210 million acquisition, listed the property for sale in early 2023 before finalizing talks with Pontegadea.
• Planeta Group occupies more than 50% of the space under a lease that provides Pontegadea with stable rental income.
• The transaction ranks as one of Barcelona’s largest real estate deals this year and represents Pontegadea’s biggest investment in Spain since 2016, reinforcing its broader European expansion.