DLA Piper advises on the closing of a BBVA financing for Angelo Gordon Net Lease
DLA Piper has advised BBVA on the closing of its financing to Angelo Gordon Net Lease
Angelo Gordon Net Lease Real Estate, a division of Angelo Gordon specializing in single-tenant and operationally critical real estate assets for its users, has obtained financing from BBVA for the acquisition of four logistics assets; two located in Irún (in the province of Guipúzcoa), one in Los Corrales de Buelna and one in Sámano (both in Cantabria).
The assets, leased to Grupo Uvesco through a lease agreement for the next 20 years, were acquired by Angelo Gordon Net Lease Real Estate in March of this year and total 76,800 square meters; the two platforms located in Irún have 39,500 square meters; the one in Los Corrales de Buelna, 15,100 square meters, and the one in Sámano, 22,200 square meters.
The DLA Piper Financing, Projects and Restructuring team was formed by César Herrero, partner in charge, Rocio Smith, legal director, Sara Espina, associate and Ángel Ansorena, associate.
Cuatrecasas has advised Angelo Gordon.
Cushman & Wakefield has advises Angelo Gordon Net Lease: see the financial advisors.
