The fund Arcano Value Added Real Estate II, which forms part of the Real Estate division of Arcano Partners’ alternative asset management arm, has announced the purchase of a plot for the development of a state-of-the-art logistics complex. The investment will amount to more than 30 million euros.
The land is a buildable plot spanning 66,800 square metres for industrial/logistics use, located in Alcalá de Henares. Arcano’s fund has now committed 70% of its total budget of 135 million euros, having carried out seven operations in the logistics, commercial and hotel sectors.
Read the full article in Spanish.