Transaction / Assets A cross-docking logistics warehouseSeller naBuyer Spearvest Partner€ MM
Spearvest Enters Spain with the Purchase of a Warehouse in Plaza de Zaragoza
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The Swiss firm Spearvest Partner has announced the purchase of a 6,900 square metre cross-docking logistics warehouse in Plaza, the logistics platform located in Zaragoza. With a total surface area of almost 7,000 square metres, the property is occupied by the operator TXT, which has a significant presence in Aragon, especially in the Aragonese capital and surrounding area.
The transaction sees Zaragoza continue to consolidate its position as one of the main alternatives to Madrid and Barcelona in terms of logistics investment. In 2019, the investment volume in that market amounted to more than €160 million.
Translation/Summary: Carmel Drake