Logicor acquires land in central Barcelona
27 Jun 2022
Logicor, a leading owner and developer of European logistics real estate, has strengthened its presence in its core market of Barcelona by acquiring a prime logistics land site in the Abrera district.
Located next to the key motorway networks connecting to Madrid and France, and c. 25 km away from Barcelona, the c.88k sqm plot is an ideal location from which to meet the increasing occupier demand driven by the ongoing reliance on e-commerce and the need of retailers and 3PLs to modernise, expand or rationalise their existing logistics real estate footprint.
Manel Vericat, Logicor Managing Director, Southern Europe, said:
“By acquiring this excellently located industrial plot of land in one of our core markets, we’re in an even stronger position to meet the high demand for modern, sustainable and high-quality logistics space that we’re currently experiencing in this area.”
Development, subject to planning, is expected to start in early 2023.
For more information: Media: Lizzie Beuzeval, Logicor: M :+44 (0) 7464980257
Logicor is one of the largest owners and operators of modern logistics and distribution properties in Europe. As at 31 December 2021 we own a portfolio of 598 high-quality properties with a lettable area of approximately 13.7 million square metres located in key European logistics markets. Logicor is headquartered in London and Luxembourg.