Banco Sabadell closes financing agreement with Sofidy for logistic and retail asset portfolio

Cuatrecasas has advised Banco Sabadell on the financing granted to SCPI Sofidy Europe Invest of a portfolio of logistic and retail assets: two industrial logistic assets in Zaragoza and two retail parks in Leioa (Vizcaya) and Santiago de Compostela. The financing has been valued at approximately € 24 million.

Banco Sabadell acted as Lender, Bookrunner and Mandated Lead Arranger, and the transaction reinforce the commitment of Sofidy within the Spanish market.

The Cuatrecasas team responsible was made up of Manuel Follia, Victor Utges and Alejandra Azinovic from Finance; Julio Brasa and Alicia del Valle from Real Estate and Urban Planning were in charge of due diligence matters.