21 October 2019 – The pan-European real estate fund LaSalle Investment has acquired a logistics centre leased to Dia for more than 20 million euros from an undisclosed seller. The logistics centre, located in Zaragoza, has 31,000 m2 of surface area and was built in 2016. The supermarket chain will remain at the site.
The acquisition is not LaSalle Investment’s first foray into Spain’s logistics sector. In July, the firm acquired Metro Properties, a real estate subsidiary of Metro, consisting of a portfolio of six properties leased to Makro in Spain for 73 million euros.
Original Story: Idealista
Adaptation/Translation: Richard D. K. Turner