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Árima rents its Botanic building to MSD (Merck) for its headquarters in Spain

MADRID, 9 Feb.

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Árima rents its Botanic building to MSD (Merck) for its headquarters in Spain

MADRID, 9 Feb. (EUROPA PRESS) -

Árima has signed a corporate agreement to rent the Botanic building to the biopharmaceutical multinational MSD (Merck), to which the company will move the headquarters of its subsidiary in Spain, as reported this Friday by the SOCIMI to the National Securities Market Commission (CNMV). ).

The rental of the building covers the entire 9,902 square meters of gross leasable area of ​​the property, spread over nine floors, the more than 3,500 square meters of outdoor areas, including gardens and terraces, and 223 parking spaces.

In this sense, Árima has highlighted that this is a long-term rental agreement in the same area where the previous MSD headquarters was.

The building has been designed by the well-known Álvarez-Sala Studio, for which Botanic "aspires to be one of the most important office buildings in Madrid" -

Árima announced at the beginning of August 2023 an agreement for the rental of its Botanic asset, the flagship of the Socimi, with a tenant that it did not reveal at the time, but that it described as "top level."

This operation has been advised by CBRE Spain as real estate adviser, and by EY Lawyers and Baker