Acquisition and repositioning Diagonal 438, Barcelona

AX Partners has acquired the emblematic building Diagonal 438. A stately building from 1932 that stands out for its classic architecture and privileged location strategically located on Avenida Diagonal and Pau Claris, in the heart of Barcelona’s Eixample district.

This acquisition is part of the firm’s Value Add investment strategy, which aims to rehabilitate the property into a boutique accommodation offering high-end tourist apartments, designed to offer a premium experience in the heart of Barcelona.

AX Partners plans to invest between 50 and 100 million euros in the city over the next three years.

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