CBRE Global Investors has acquired a logistics platform located in Azuqueca de Henares near Madrid on behalf of CBRE European Industrial Fund. The value of the deal was not disclosed. The logistics property offers 61,000 sqm and it’s been fully let to French hypermarket Carrefour since it was completed in 2002. The acquisition is in line with the fund’s strategy of investing in prime logistics properties across Europe. Currently, CBRE Global Investors has 28 logistics assets totaling more than 500,000 sqm under management on the Iberian Peninsula.
