Transaction / Assets warehouse in TarragonaSeller WalaBuyer Corum€ MM
France’s Corum Fund Acquires Warehouse from Wala in Sale & Leaseback Deal
3 October 2019 – The French real estate investment fund Corum has acquired a 5,890-m2 commercial warehouse from the Wala sporting goods distribution chain. The sale and leaseback operation comes with an implicit return of around 6%.
The warehouse, where Wala has been operating since 2011, is located at the southern end of Tarragona, around the Francolí and Entrevías industrial estates.
Original Story: Eje Prime – M. C. P.
Adaptation/Translation: Richard D. K. Turner