Azora invests €100m in logistics portfolio (ES)

Azora invests €100m in logistics portfolio (ES)

Azora has strengthened its position in the sector with the closing of its 8th deal, bringing the total investment in this segment to circa €100m, with a total built area of around 90,000m².


The latest deal to close is the acquisition of a logistics asset from Meridia. The asset comprises 24,865m² and is located in the Gélida municipality of Barcelona; it has been leased to the Dachser Group, one of Europe’s leading transport companies. The asset has a strategic location, with direct access to the AP-7 motorway and within close proximity to its junction with the A-2 freeway, allowing for efficient regional and national transport.


Javier Picón, Head of Logistics at Azora, commented: “Azora is well-known for its knowledge of local submarkets and for the agility it offers in terms of analysis and execution, which is essential in the logistics market.”


Andrés Correonero, Associate Director of Logistics Investment at Azora, said: “Our latest deal in Barcelona confirms our commitment to invest in consolidated logistics markets, acting accordingly with the overall market context and remaining highly selective in terms of asset quality and tenant-base.”

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