Transaction / Assets logistics facility in ZaragozaSeller PikolinBuyer Roebuck€ MM 78
Roebuck Acquires Logistics Platform in Zaragoza for €78 Million
8 November 2019 – The property management firm Roebuck has acquired a logistics facility in Zaragoza, previously owned by the Pikolin group, for 78 million euros. The latter firm, a Spanish mattress manufacturer, will continue leasing the site, in a sale and leaseback operation. The facility, located in the Plataforma Logística de Zaragoza, has a useful area of 92,723 m2 on a 225,000-m2 plot of land.
The platform includes 11 production facilities (including a polyurethane foam factory), two storage warehouses, 2,500 m2 of workshops and 10,000m2 of offices. The facility is the largest and most modern in Europe for the production of mattresses.
Original Story: Idealista – Custodio Pareja
Adaptation/Translation: Richard D. K. Turner