Barings fund pays €17.6M for logistics center in Zaragoza

Barings fund pays €17.6M for logistics center in Zaragoza

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n question is a warehouse with 29,000 m² of Gross Leasable Area (GLA) and 159 parking spaces, built in 2006, in Plaza logistics park, one of the largest in Europe.

According to the Europe Real Estate website, the German manager Deka will reinvest the capital gained in this operation in new opportunities to optimize its portfolio, taking advantage of the moment of strong demand in the commercial real estate market in Spain. The company was advised by CBRE in this operation.

 

 

 

 

 

Photo: Europe Real Estate 

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