Rockspring Buys Montepino Casablanca Logistics Park

17 March 2016 – Mis Naves

Inversiones Montepino and Rockspring have reached an agreement for the sale and purchase of the new Montepino Casablanca logistics park, in a deal advised by ProEquity.

On Friday 11 March 2016, the sale agreement was signed for the new logistics park located in the town of Torrejón de Ardoz. Construction of the site has just been completed. The transaction, advised by the consultancy ProEquity, involves the acquisition, by one of Rockspring’s funds, of a site with a total constructed surface are of almost 50,000m2.

The asset, constructed on a site measuring 85,000 m2 and spread across two buildings, measuring 27,000 m2 and 21,000 m2, respectively, has been built to the highest quality standards and has received the LEED Green Silver Certificate, which will have a major impact in areas such as energy consumption efficiency and improving the quality of the internal environment.

This deal involves the first development of its kind in Madrid since 2007 and forms part of Rockspring’s commitment to become one of the major players in the logistics real estate sector, alongside the launch of the new 60,000 m2 project in Puerta Mayor “Los Gavilanes” in Getafe, which has just been put on the market.

Original story: Mis Naves

Translation: Carmel Drake