5 December 2015 – Valencia Plaza
Axiare has purchased two logistics warehouses, located in Madrid and Guadalajara, which have a combined surface area of 30,000 m2, for €14.2 million, according to a statement made by the Socimi, in which Colonial holds a stake.
Following this operation, logistics assets now account for 20% of the company’s total asset portfolio, which has a total surface area of 400,000 m2.
The warehouses are leased out and are located in the so-called Corredor de Henares, which is one of the key areas in the Spanish logistics market. One of them is located in Alcalá de Henares (Madrid) and the other one is located in Azuqueca de Henares (Guadalajara).
Original story: Valencia Plaza
Translation: Carmel Drake