Deutsche Bank Building, Barcelona, Spain


Date Built
Avinguda Diagonal & Passeig de Gracia
This 19 floor office building was home to Deutsche Bank.  In July of 2014 an article on the "" website was headed "KKH & Perella Pay €91 Mn For Deutsche Bank Building in Barcelona".  The article explained that, "In the first large real estate transaction of the KKH Property Investors (set up by ex-CEO of Renta Corporación Josep Maria Farré) and U.S. manager Perella Weinberg, the teamed-up companies bought yesterday the tower of Deutsche Bank situated at 111 Paseo de Gracia street in Barcelona. According to sources with knowledge of the operation, KKH Property Investors and Perella paid around €91 million for the property to three Andorran families: the Ribas, the Reig and the Cerqueda. They purchased the building in 2002 for about €80 million."

The article went on to say that the buyer plans to convert the building into a 5 star hotel.