Valor Prime Fund, managed by Montepio Gestão de Activos, has acquired a logistics facility of approximately 16,000 sqm, situated in Trofa, in the Porto district.
The property is fully occupied and is subject to a long-term lease. Cushman & Wakefield represented the seller in the transaction.
“This acquisition, which is fully in line with the profile of strategically located assets we seek for our portfolio, represents a further step in reinforcing our investment policy in high-quality logistics assets offering stable, long-term returns”, stated José Dias de Jesus, Director of Property Investments at Montepio Gestão de Activos.
“This transaction highlights the excellent performance that the industrial and logistics market has been recording, and the continued interest of institutional investors in the logistics sector in Portugal – particularly in the search for high-quality, well-located assets offering stable, long-term returns”, said Diogo Lopo, Head of Industrial & Logistics Investment at Cushman & Wakefield.
