Merlin is planning to acquire Saba’s Logistics assets for €150m. The Spanish real estate trust, which is listed on Spain’s stock market, has signed a contract that would give it control of Saba’s assets in Cataluña, Sevilla, Álava and Lisbon, covering a surface area of 389 ha. The completion of the deal is set for the fall of 2016. Last year, Saba sold a 32 percent stake it held in Cilsa (which operates the Logistics Activities area in Barcelona) to Merlin for €50m.
