The future warehouse is available in its entirety for rent. It will consist of four independent storage modules of 10,000 m2 each, with a large parking area, 40 loading docks, and ample yard space for maneuvering. In addition, the warehouse will be adapted to Medium Risk 5 and will have BREEAM Excellent certification, meeting the most demanding sustainability standards. The asset will enjoy a privileged location in Constantí, with close access to the AP-7 highway, and is scheduled for delivery in the third quarter of 2022.
Constantí, located 100 kilometers from Barcelona, is considered an optimal location for XXL logistics with companies sharing the same location, such as Kuehne Nagel, Correos, DHL, Katoen Natie and Amazon.
The British fund manager Tristan Capital Partners, through its Core Plus fund, and Kefren Capital Real Estate, specialised in the investment and management of real estate assets in the Iberian Peninsula, created a Joint Venture in 2020 with the objective of investing €200 million in logistics platforms located in consolidated logistics hubs such as Madrid, Barcelona, Zaragoza, Valencia and Bilbao.
Garrigues advised Goodman with a Barcelona office team formed by Corporate/Commercial and Real Estate partner and co-head for the Cataluña, Aragón and Balearic Islands area Oscar de Santiago Torrente, along with Real Estate principal associate Roberto Muñoz.
Uría Menéndez advised Tristan Capital Partners and Kefren Capital Real Estate with a Real Estate and Planning team formed by partner Diego Armero Montes and senior associate Belén Simbor Ortega, along with junior associates Yulia Kalyuzhyna and Miguel Reina Hernando.