Cuatrecasas advises Bankinter on purchase of property at Zaragoza Logistics Platform

Cuatrecasas has advised Bankinter Logística Socimi S.A., Bankinter’s real estate investment company, on the acquisition of a property located at the Zaragoza Logistics Platform. This transaction will enable the company to develop what will be the fourth largest warehouse in terms of surface area at the Zaragoza platform for lease to a logistics operator.

The company has a large number of logistics assets in its portfolio throughout Spain. This is the first major transaction that Bankinter’s socimi closes in the Aragonese capital, where it plans to invest more than 40 million euros in its development.

This project is part of the company’s strategy to grow its logistics portfolio, focusing on a sector, logistics assets, which has recently proved to be strategic.

The Cuatrecasas team involved in the transaction comprised lawyers Antonio García Lapuente (pictured left), Mara Tomás (pictured right), Andrea Morales and Isabel Roy.

Michael Heron