Araoz & Rueda advises Kefren on €57m property sales

Araoz & Rueda advised real estate investment company Kefren Capital Real Estate on the sale of five industrial and logistics warehouses in Madrid, Barcelona and Vitoria.

The deal was valued at €57 million.

Kefren sold four of the properties to Prologis and one to Blackstone. Kefren jointly owned the properties with Brunswick Real Estate, and Grosvenor Group.

The Araoz & Rueda team included partner Eduardo de León, Jesús Conde and Israel de Diego and the associates Vicente Paramio, Javier Sánchez, Gema del Río y Jon Ibeas.

Ben Cook