Scottish Aberdeen invests €9.2M in logistic centre in Madrid

Scottish Aberdeen invests €9.2M in logistic centre in Madrid

The company acquired a logistic centre in the Madrid district of Coslada for a total 9.2 million euro. The name of the seller was not disclosed, but newspaper Expansión reported last week that DHL Freight Spain will remain in the building for at least a further 10 years. This means that the building’s profitability – which is around 5% - is secured in the long term.

This is a logistic centre which offers a total area of 8.677 sqm, with 6.785 sqm destined to logistic use and 1.892 sqm to offices.

Iberian Property logo Iberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!