The operation was carried out through company Strategic Industrial Real Estate (Sire), partly owned by fund Cerberus and with an investment capacity of 3 billion euro. Arrow has also assured it is under negotiations to increase its portfolio in Spain.
«We are accelerating our operations in Spain and in Europe as a whole, with a pipeline of ongoing opportunities», stated Malgorzata de la Torre, director of acquisitions for Arrow in Spain. «We are preparing investments of more than 400 million euro in Spain during the coming years», he added.
