Spain

Diglo sells a logistics warehouse in Malaga for more than €2M

Diglo sells a logistics warehouse in Malaga for more than €2M

Diglo has closed the sale of a last-mile logistics asset for more than two million euros to a construction materials distribution company.

The warehouse has a total surface area of 4,300 sqm and is located in the El Viso industrial estate in Malaga. With a clear height of 9 metres and more than 800 sqm of office space, the warehouse enjoys privileged access to the two main roads in the area: the A-7 and the MA-20.

The asset is also one of the largest in the northern area of the industrial estate and has two entrance gates and a loading bay for trailers. Built in 2002 and refurbished and upgraded in 2015, the last-mile logistics warehouse is in very good condition.

"This operation, closed for more than two million euros, has great relevance in the Malaga market, marked by the lack of available logistics space and the high occupation of industrial estates in the vicinity of the city. Diglo is consolidating its position as a benchmark servicer, offering agile, technology-based services and solutions to all types of clients," said Stephane Boggetto, commercial director of Real Estate Assets at Diglo Servicer.

Diglo, with a portfolio of assets under management of more than €5 billion in Non Performing Loans (NPLs) and Real Estate Owned (REOs), has close to 200 industrial assets of various types and sizes published on its platform throughout Spain.

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!