Dentons advises on the sale of “Logistic Park Montornés” to Generali Real Estate
Dentons has advised Scannell Properties on the sale of the newly constructed logistics warehouse “Logistic Park Montornés” to Generali Real Estate. The acquisition by Generali Real Estate, one of the world’s leading real estate asset managers, aligns with its strategy to expand its portfolio of high-quality logistics assets across Europe.
In addition, with this transaction, Generali Real Estate enters the logistics sector, acquiring a state-of-the-art asset in Barcelona. Until now, the company has managed a European portfolio of logistics parks in Italy, France, Poland, and the Netherlands. Now, also adding this first asset in Spain.
Located in Montornés del Vallés, Barcelona, “Logistic Park Montornés” is a state-of-the-art logistics facility completed in March 2024. The warehouse spans a total built surface area of 13,000 sqm, situated on a plot of 22,941.00 sqm. It has been leased to Grupo Transaher, a leading logistics operator, since August 2024.
Scannell Properties, an internationally recognized developer, specializes in large-scale industrial and logistics projects across North America and Europe. The company is renowned for its commitment to delivering sustainable developments tailored to the evolving needs of logistics and e-commerce businesses.
The transaction was led by real estate partner Itxaso López with the support of associates Manuel de Cueto and Carlota García-Ovies.