CMS advises Log In on Granada logistics buy
CMS Albiñana & Suárez de Lezo has advised Log In, a European SCPI specialized in logistics and industrial assets managed by Theoreim, on the acquisition of a last-mile logistics platform located in Granada. Principal Asset Management acted as investment and asset manager on the transaction, which represents the largest investment completed by the fund to date.
The asset is a logistics facility situated in the Escúzar Metropolitan Industrial Park, one of the logistics hubs for last-mile distribution in southern Spain and part of the Mediterranean Corridor. The facility includes automated sorting systems, loading docks, electric vehicle charging stations and a self-consumption photovoltaic installation, with capacity to process up to 45,000 parcels per day.
The team
The transaction was led by Álvaro Otero, Partner, together with Jorge Durán, Senior Associate, and Cristina Romero, Associate, all members of CMS Albiñana & Suárez de Lezo’s Real Estate department.
