Clarion Partners Europe , the real estate investment fund manager specialising in logistics and industrial assets, has acquired a portfolio comprising three Spanish logistics properties, totalling 51,000 sqm.
The acquisition, on behalf of one its comingled funds, furthers Clarion Partners Europe’s footprint in Spain which now totals 350,000 sqm, comprising 17 assets in and around the key conurbations of Madrid, Barcelona, Seville and Zaragoza.
Located in established and densely developed logistics markets around Madrid and Zaragoza, the portfolio comprises (i) an asset in Azuqueca de Henares (Madrid), leased to German logistics group Dachser, (ii) a cross-dock facility in Getafe (Madrid), leased to the Spanish national postal service Correos Express, and (iii) a newly-built logistics platform in Plaza (Zaragoza), leased to Danish logistics operator DSV.
Source : Company