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Azora Finalises the Purchase of a Logistics Plot in Madrid

Specifically, the land is located on the Atalayuela Industrial Estate, where Hines and Aberdeen are already present.

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Azora is joining the logistics furore. The firm founded by Concha Osácar (pictured above) and Fernando Gumuzio is finalising the acquisition of a logistics plot on the Atalayuela Industrial Estate, in Madrid.

According to El Economista, the fund manager will pay 380 euros per square metre for the land, although the size of the plot that it will add to its portfolio is unknown. The land is in the development phase, so cannot yet be built upon.

Read the full article in Spanish.

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