DeA Capital Real Estate Iberia, the Spanish arm of Italian asset manager DeA Capital, has acquired a plot of land of 15,400 m2 in Pinto, Madrid, for the development of a new last-mile logistics facility.
The project – a build-to-suit for Ecoquimica Logistica Integral, the sole future occupier of the building, is targeting a Breeam Very Good environmental rating. Financial details of the operation were not disclosed.
DeA Capital Real Estate Iberia was advised by EY.
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