• Transaction / Assets
    Logistics warehouse
  • Seller
    na
  • Buyer
    Aberdeen Standard Investments
  • € MM
    9.14

Aberdeen Standard Buys a Cross-Dock Logistics Centre in Coslada

16 January 2020 – C de Comunicación

16 January 2020 – C de Comunicación

Aberdeen Standard Investments has purchased a logistics centre in the Madrilenian municipality of Coslada for €9.14 million. The asset is leased in its entirety to DHL and reportedly generates a return of just over 5.25%.

The property, which spans a surface area of 6,785 m2 (including 1,892 m2 of office space), is situated in a strategic location for last-mile logistics just 15km from the centre of the capital and 1km from Barajas airport. It operates as a cross-dock warehouse, with loading bays on both sides.

Original story: C de Comunicación 

Translation/Summary: Carmel Drake

Original Story: C de Comunicación

Translation/Summary: Carmel Drake

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