Aticco and All Out Partners have launched a €180 million fund to buy, reposition, and operate flexible office buildings across Spain and Portugal, targeting a 7.5% annual income yield and 11.5% internal rate of return.

Aticco, founded in Barcelona by Gabriel Espín, Juan Carlos Morales, and Franz Pallarés, already runs nearly 60,000 sqm across 16 locations and is aiming for €30 million in revenue this year. Spain's coworking market has been growing at 12% annually since 2022, giving this fund a real tailwind to work with.