OK Properties Socimi has acquired the office building that currently houses the headquarters of TUI in Spain. This property, located in Palma’s Parc Bit, has a built surface area of 3,586 square metres. The operation has been financed 60% with own funds and 40% through ad hoc financing with Abanca.

The property, built in 2009, is in perfect condition. It is distributed over three floors and also has an underground car park with 18 parking spaces. Since 2016 it has been home to the Spanish headquarters of TUI, one of the world’s leading tourism groups.

Located less than 7 kilometres from the centre of the Balearic capital and just 1 kilometre from the University of the Balearic Islands (UIB), the property is located in Parc Bit, the leading technology business park that is home to the main companies in the sector on the islands. In addition to excellent public transport connectivity, the park offers more than 1,200 free parking spaces and 12 electric vehicle charging points.

The acquired building stands out for its modern design, which combines technology and respect for the environment, with a focus on sustainability.

The CEO of the investment company, Othman Ktiri, highlighted that ‘OK Properties Socimi has extensive experience in the acquisition and management of real estate assets, especially in the industrial and logistics sectors, including unique office buildings. We are pleased to add to our portfolio this modern property located in the privileged enclave of Parc Bit. The building, leased by the prestigious tourism company TUI as its national headquarters in Spain, offers great versatility adapted to the new working trends, providing comfort and connectivity to its team’.

OK Properties Socimi is a real estate investment company incorporated in 2022 and listed on Euronext Paris since 2023. The company’s core business is the acquisition and management of real estate assets located mainly in the Balearic Islands for leasing in a profitable, efficient and sustainable manner.