The British real estate company Segro, which specialises in the management of logistics assets, is planning to invest €1 billion in the Spanish market over the next few years. It has just closed 4 turnkey logistics operations and pre-rentals in Madrid and Barcelona, spanning 92,000 m2 in total.
The company, which currently has a portfolio worth more than €400 million that spans 440,000 square metres in Spain, wants to increase its investment to €1 billion “in the medium to long-term”, according to the group. Furthermore, its objectives include expanding its portfolio by 200,000 square metres in three years, mainly in the Madrid and Barcelona markets.