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UM advises Iba Capital Partners and Batipart on the acquisition of Prado Urban Business Park

April 11, 2025

UM has advised IBA Capital Partners and Batipart Europe on the acquisition of the Prado Urban Business Park, owned by Ahorro Familiar SA, a company of the AXA Group. The property is located at calle Ramírez de Prado 5 and houses Amazon’s corporate headquarters in Spain, as well as offices of the regional government and of the City Council of Madrid.

The transaction, valued at approximately EUR 300 million, was structured as a sale of shares in the company that owns the asset.

Our advice encompassed every stage of the process, from due diligence to closing, and included commercial, real estate, tax and financing aspects. In the latter case, we collaborated with CaixaBank.

The UM team for this matter was formed by Diego Armero Montes (partner, Real Estate), Victor Viana Barral (partner, Tax),Luis Jiménez López (partner, Finance), Andrea Sandi Badiola (senior associate, Real Estate), Ángel Viñas Díaz (senior associate, Tax) Javier Toro Torcal (senior associate, Real Estate), Virginia Porrúa Perea (associate, Real Estate) and José María Beneyto Brunet (associate, Finance).