• Transaction / Assets
    2 plots of land in Cataluña
  • Seller
  • Buyer
    Grupo Baraka
  • € MM

Casanova Buys Land In Cataluña To Build 2 Logistics Warehouses

5 September 2017 – Eje Prime

Grupo Baraka is still shopping. The company, led by the Murcian businessman Trinitario Casanova (pictured above) has just closed two real estate transactions in Cataluña. The group has acquired two plots of land with a combined surface area of 72,000 m2, where it plans to build two logistics warehouses of up to 19,000 m2 each.

One of the plots is located in Sant Esteve de Sesrovires and the other is in Santa Perpètua de Mogoda, both in the province of Barcelona, according to El Economista. The company has not made any statement regarding the price it has paid for the plots.

These transactions follow the purchase of a plot measuring 600,000 m2 in Montcada i Reixac (also in the province of Barcelona) in July, for which the group paid around €300 million. On that plot, the group plans to construct a health care complex comprising at least one hospital, as well as care-in-the-home properties and garden areas.

Original story: Eje Prime

Translation: Carmel Drake

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