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Savills Acquires Three Last-Mile Warehouses Leased to Amazon For €95 Million

The assets together span 140,000 square meters and are located in Murcia, Alicante and Valladolid. They have generated a capital gain of 17% for the vendor.

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On behalf of its Vestas European Strategic Allocation Logistics Fund (VESALF I), the real estate investment manager Savills Investment Management has closed the acquisition of a portfolio of three logistics assets in Spain that Roebuck Asset Management and GFH Financial Group had leased to Amazon.

The properties comprise three last-mile logistics warehouses and are located in Murcia, Alicante and Valladolid. They have a combined gross leasable area (GLA) of 23,220 m2, an average rental period of 12.85 years and will be certified by BREEAM as “Very good”.

Read the full article in Spanish.

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