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  • 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