Ashurst has advised Arrow Capital Partners on the acquisition of a logistics facility in Madrid for €23 million
Ashurst has advised Arrow Capital Partners, the investor and operator of real estate in Europe and Asia-Pacific, on the acquisition of three logistic warehouses in Yunquera del Henares (Guadalajara), for €23 million, on behalf of its Strategic Industrial Real Estate (SIRE) joint venture. The vendor was a local family office.
The 45,000 square metres are currently leased to the baby, personal and home care wet wipes manufacture, Optimal Care, as the distributor of these types of products in the southern European markets. With this acquisition, Arrow Capital Partners adds new Spanish logistics facility to its growing 250 million euros SIRE portfolio in Spain.
Ashurst advised Arrow Capital with a Real Estate team led by partner Ismael Fernández Antón (pictured left), with counsel Conchita Sáinz Sodupe (pictured right) and Real Estate associates, Laura Sánchez, Carmen Garcia and Alba Aparicio.