Transaction / Assets Seller Buyer € MM
Lar Purchases a Logistic Hub From J. Santos For €32 Mn
14/10/2014 – Cinco Dias
Lar España Real Estate, through its arm Lar España Inversion Logistica S.A., has bought a logistic hub composed of six warehouses from Henares Edificios, S.A., held by J. Santos.

The complex is located in Alovera (Guadalajara), a town embraced by the third ring of the Corredor del Henares business, residential and industrial area. To become the new owner of the portfolio, the Socimi (Reit) put up €32.15 million in total.
The six warehouses stand on a 152.590 square meter plot and they are fully rented to Carrefour. Gross lettable area (GLA) of the complex posts 83.951 square meters.
Original article: Cinco Días
Translation: AURA REE