Specifically, it is located in lots P 1 to 7 and P19 to 25 of sector SUI-3 in Quer (in the province of Guadalajara). The asset is near the A2 motorway, and the R2, 49km (30 min) from Madrid-Barajas airport and 9 km from Cercanías C2, Azuqueca.
The complex (a key in hand project) is made up of two warehouses at present integrated into DHL. The property is situated in a strategic area, with considerable business activity, given its proximity to, and good connections with, Madrid.
The sale is open to investors seeking assets in the Spanish real estate market with yields between 6 and 7%.
Real estate investors in the logistics sector in Spain achieved record figures in 2016. As a result, rents in the logistics sector increased approximately 3.5% last year, and total take up in the year was 285,000 m2. This good market performance led to a reduction in supply and availability, especially in the first and second ‘crown’ around Madrid.
Solvia has put on sale three hospitals in Spain owned by Banco Sabadell. They are the hospitals Quirón Barcelona, Vizcaya (in Erandio) and San Sebastián.
Blackstone will transfer 21,000 homes to several Socimis, to rent.
Up to October 2017, have been invested €1,500 million in commercial real estate in Portugal, surpassing by 15% the €1,300 million transacted throughout the year 2016.
RICS (Royal Institution of Chartered Surveyors) in partnership with Iberian Property have just launched the first edition of the new Iberian Commercial Property Monitor, an unprecedented initiat...