Cuatrecasas advises Montepino on a joint venture with CBRE Global Investors to invest in 500,000 sq.m. of logistics assets

2017年11月2日

The joint venture has been launched with a portfolio of four high-quality development projects located in prime Madrid logistics locations along the Corredor de Henares and two operating assets in Zaragoza

CBRE Global Investors has established a joint venture with logistics developer and manager Montepino to develop a portfolio of prime assets in core locations in Spain, initially focused on the Madrid market.

The joint venture has been launched with a portfolio of four high-quality development projects located in prime Madrid logistics locations along the Corredor de Henares and two operating assets in Zaragoza, totaling 245,000 sq. m. The portfolio is already 80% pre-let to leading logistics operators with a weighted average lease term of 11 years at completion.

In addition, this partnership has already identified a pipeline of 11 development opportunities, totaling over 300,000 sq. m.

Cuatrecasas advised Montepino on establishing the joint venture with CBRE Global Investors in an operation led by the Zaragoza office. Partner Antonio García Lapuente led the legal team, together with associates Miguel Bardají, Marta de la Serna, Mara Tomás (Corporate and Commercial), partner Javier Garanto and associate Cristian Calvo (Tax).

分享: 
相关新闻