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GIC Acquires a Logistics Platform in Barcelona From Cobega

The operation, which has been carried out through Melcombe Partners, has involved a disbursement of 25 million euros and will allow the construction of a platform spanning up to 33,000 m2.

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GIC, the sovereign wealth fund of Singapore, has bought a logistics plot located in Sant Quirze del Vallès (Barcelona) through Melcombe Partners, its platform specializing in last-mile delivery, from Cobega, according to the newspaper Eje Prime.

The transaction has involved a disbursement of 25 million euros by Melcombe, which will be able to build a logistics platform spanning up to 33,000 square meters on the plot whose surface area amounts to 50,000 m2. For its part, the development of the asset will cost more than 15 million euros.

Read the full article in Spanish.

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