Monday, October 26, 2020
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Realterm Acquires a Last-Mile Platform in its Second Operation in Barcelona

The company has closed its second operation in the Spanish logistics market, and specifically in Barcelona.

The company has closed the purchase of a high-flow logistics centre with a total surface area of 6,249 m2. The asset has underground parking for its employees and is leased in its entirety.

Realterm Logistics is a US-based investment group specialising in logistics properties in the United States, Canada and India. The operation highlights the refuge value that lies in the Spanish logistics sector despite the pandemic crisis. In 2019, around 1.65 billion euros was invested in the sector, with Cataluña accounting for almost 40% of the total transacted. Forecasts indicate that we can expect to see a similar investment volume in 2020 despite the pandemic.

Read the full article in Spanish.

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