Barings invests €17.6M in 2 logistics assets in Madrid

Barings invests €17.6M in 2 logistics assets in Madrid

 

The acquisitions are part of the company's expansion plan in Spain for 2017. They are a gas station and a warehouse with a total area of 10,900m2. The logistic space is pre-leased to Conforama for a contractual period of 10 years.

Barings accumulates, thus, an investment of around €100 million in non-residential assets in Spain this year, according to EjePrime.

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