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Starwood Buys a Logistics Warehouse From Meridia III For €24 Million

The Socimi Meridia III has completed the sale of the logistics platform it owned in Alcalá de Henares, with significant capital gains, just three years after its purchase.

nave logistica meridia alcala
Warehouse sold by Meridia.

The Socimi Meridia III, managed by Xavier Faus’s investment firm Meridia, has closed the sale of one of its logistics assets to Starwood.

Specifically, Meridia III has sold a logistics warehouse that it owned in Alcalá de Henares, in one of the most sought-after areas of Madrid’s logistics market. The asset, which spans 26,400 square metres, has been sold for 24 million euros, a price significantly higher than the 15.5 million euros that Meridia III paid for it at the end of 2018.

Read the full article in Spanish.

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