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Andersen advises T3N on agreement with Harrison Street for the development of sports and educational complexes starting with ESC LaLiga & NBA Madrid Village

| News | Banking and Finance / Tax / Corporate Law and M&A / Urban Planning and Environmental Law

The team has advised on M&A, tax, finance and urban planning

Andersen has advised T3N Sport & Investment (T3N) on the agreement with the US fund Harrison Street for the development of sports and educational complexes in Spain and abroad, which will start with the launch of the ESC LaLiga & NBA Madrid Village project.

The agreement foresees an investment of 300 million euros in projects to be developed in Spain, in cities such as Valencia, where the project is already well advanced, and other countries such as the United States, Japan and Mexico. The companies have already executed the first transaction with the entry into the ESC LaLiga & NBA Madrid Village complex, which they will manage exclusively.

The complex, located in Villaviciosa de Odón, will have 42,000 m2 for football fields, a basketball hall and gymnasium for high performance, educational facilities with an American school and sports and postgraduate training, and will host sports programmes offered by the LaLiga Academy and the NBA International Academy. The centre will also have a student residence for 450 athletes developed on a coliving model.

Andersen has advised on M&A, tax, finance and urban planning with a team comprising, in the M&A area, Javier Bustillo, Partner of the department, Teresa García, Senior Associate, and Santiago López Vila, Associate; in Tax, Borja de Gabriel, Partner of the area, and Jesús Alemany, Director; and Guillermo Yuste, Partner of Banking and Finance; and Antonio Ñudi, Partner of Urban Planning.

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