Logista will eventually occupy the logistics warehouse, comprising a surface area of more than 47,000 m2, with the option to add a further 47,000 m2 within a year.
The socimi, controlled by the Singaporean sovereign wealth fund, has acquired an 80,000-m2 plot of developable land in Illescas to build a 55,000 m2 turnkey project.
The company finalised the sale of a commercial property located at Gran Vía 55 for a total of €18.4 million.
Fedaro XXI Inversiones, a company linked to the Medina Group, has joined Excem, a socimi specialising in the rental of shared flats. Fedaro contributed six buildings to the venture.