The Socimi Arima Real Estate has acquired its first logistics warehouse in Madrid for €16.4m. The acquisition adds 26,000m² of high-quality cold storage logistics space located in San Agustín de Guadalix, in the 2nd ring of Madrid's logistics market – an ideal location for distribution to the whole of Spain, to the Arima portfolio. The new warehouse features excellent cold storage facilities, boasting various refrigerated areas that suit a wide range of products. It also provides from 1,220m² of office space and benefits from 29 loading bays and 177 above-ground parking spaces.
The warehouse is fully let to Eroski, one of the biggest food distribution companies in Spain, until April 2025. Following this purchase – and in line with the company’s investment strategy – logistics property now accounts for 12.7% of the company's portfolio, with the remaining 87.3% relating to offices in Madrid that offer strong value uplift potential. Just five months since the company's creation, it has acquired six properties with a total gross lettable area (GLA) of over 54,000m² and over 460 underground parking spaces.
