Transaction / Assets logistics portfolioSeller ColonialBuyer Prologis€ MM 425
Colonial Finalises Sale of €425MM Logistics Portfolio
7 August 2019
Colonial and Prologis have finalised the sale of a €425-million logistics portfolio that the socimi put up for sale four months ago. The portfolio includes 12 logistics platforms and warehouses and features a 131,000-m2 logistics complex in the San Fernando industrial estate.
Prologis beat out competing offers by Deutsche Bank and Blackstone. Colonial was advised by JLL and Knight Frank; while CBRE advised Prologis.
Original Story: El Confidencial – Ruth Ugalde
Adaptation/Translation: Richard D. K. Turner