Alantra has advised Obrascon Huarte Lain, S.A. (“OHLA”), a global infrastructure group listed on the Madrid Stock Exchange, on the refinancing of Galería Canalejas Madrid, a luxury retail and leisure complex located in the historic center of Madrid.


The €63mn financing comprises a €54mn refinancing facility and a €9mn capex facility to support Galería Canalejas Madrid’s investment plan. Arranged with a syndicate of local and international banks, the five-year financing forms part of the broader separation between OHLA and Mohari in Centro Canalejas Madrid, under which OHLA will retain Galería Canalejas Madrid and Mohari will retain the Four Seasons Hotel Madrid.


Guillermo Hernández, Director at Alantra, said: “We are pleased to have advised OHLA on this transaction, in which Alantra’s Real Estate team delivered a tailored financing structure, a competitive lender process, and close coordination across all parties to meet a demanding timetable linked to the broader ownership structure change.”


Jorge Roa, Managing Director at Alantra, said: “This transaction highlights the strong execution capabilities required in today’s market environment, as well as continued investor appetite for well-structured transactions backed by high-quality collateral.”


Fernando Lafuente, Managing Partner at Alantra, added: “This transaction marks our first financing mandate with OHLA and reflects Alantra’s continued focus on supporting listed corporates with a full array of advisory solutions, including debt advisory. It also highlights the close collaboration across teams and sectors within the firm, bringing together complementary expertise to deliver a successful outcome.”


Alantra’s ability to combine deep Real Estate expertise with a multi-product approach continues to drive strong momentum in Iberia. The team recently advised Neinor Homes’ on a €600mn joint venture with Stoneshield, advised Meliá Hotels International and Banca March on the €93mn financing of a two-hotel portfolio in Spain, and acted as Co-Lead Manager on Merlin Properties’ €768mn capital increase.