On the company’s sights are logistic assets and, according to Spanish newspaper Eje Prime, these assets should be located in strategic cities in Portugal and Spain. Barcelona, Madrid and Valencia are three examples.
With this plan, Savills IM should reach another one of the goals it set itself: to increase its current logistic portfolio which represents only 2% of its assets.
The investments carried out last year in this territory by the company – which also reached 500 million euro –, were focused mainly in the office and retail segments.
The Aveiro Center commercial park in Portugal was one of the acquisitions that cost the company around 29 million euro, according to Idealista last October.