Exeter Property Group carries out first acquisition in Spain

Exeter Property Group carries out first acquisition in Spain

The 9.760 sqm asset is located in the municipality of Pla de Santa María in Tarragona, a city which belongs to Catalan community.

This operation was concluded during this year’s first quarter for an undisclosed amount, according to CBRE this Thursday, which further informs that investment in logistics has already reached 390 million euro until March, almost double the amount reached during the same period last year.

This was the American company’s first acquisition in Spain since Iberian Property Data started compiling data.

Exeter Property Group, which was founded in 2006, is a real estate investment management firm specialising in the acquisition, development, leasing, and management of industrial, office and related business park properties through an array of value add and core return private equity investment vehicles.

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