US fund Lone Star is planning to sell the Adequa Business Park in Madrid, which it acquired after taking over the debt of the inactive real estate company Bami Newco. Adequa offers 120,813 sqm of surface area and is considered one of the largest business parks in Spain. The property covers six office buildings and a service center and includes a gym, restaurants, a pharmacy as well as a nursery. The asking price was not disclosed. Knight Frank and JLL will broker the sale, according to news reports.
