France-based Corum Asset Management has acquired two logistics platforms, one in Spain and one in Italy, both of which are leased to Amazon.
The acquisition was conducted through the ESG-certified Corum Eurion fund, present in seven countries of the eurozone.
According to local reports, Corum Asset Management paid over €20 mln for the logistics platform in Tarragona (Spain), located in the Industrial Park of Constantí.
The second logistics facility is located in Udine (Italy).
José Gavino, director of Corum Investments in Portugal, noted: ‘These are two new generation logistics platforms, which started operation in 2021. They are large-scale properties, adjusted to the needs of a leading tenant in the booming e-commerce market, Amazon. These assets, acquired by Corum Eurion, together with this tenant, make this an extremely relevant investment for Corum, allowing us to continue with the commitment we have to our clients, which is to identify opportunities, invest and allow them with their savings to take advantage of a profitable, long-term investment, with the security of financially sound tenants.’
Both properties feature A energy and BREEAM Very Good certification, achieved as a result of the implementation of multiple solutions for the reduction of water and energy consumption.
The latest acquisitions are part of Corum’s strategy of investing in high-quality properties with solid tenants.
