CBRE Global Investors has completed the purchase of a Spanish logistics portfolio for one of its separate account clients. The package includes 16 properties located between Madrid and Barcelona. The vendors are Metrovacesa and Parques Intermodales Gran Europa. The properties are leased to 10 logistics operators, including DSV, Luis Simoes, FM Logistics, XPO and Logiters, with an occupancy level of 94 percent. CBRE Global Investors was advised by Aguirre Newman, DLA Piper, PWC and Eurocontrol, while the vendors were advised by CBRE. The contractual parties have agreed not to disclose the purchase price.
