Aberdeen buys Palm Capital's logistics platform

Aberdeen buys Palm Capital's logistics platform

The Aberdeen fund finalizes the acquisition of one of the largest logistics platforms on the market. These are the assets of Palm Capital in the Los Gavilanes park, in Getafe.

Palm Capital, a private equity firm, commissioned CBRE to put the asset up for sale. If the operation is finally closed, being at the moment in an advanced stage according to Cinco Días, Aberdeen will invest 250 million euros.

In total, the logistics assets involved in the operation total 115,000 sqm. It is a highly coveted location, where companies such as Mercadona, Amazon or Decathlon are already located. The industrial park is located 20 minutes by road from the city center, close to the M50 and A4 roads.

The complex is leased to Grupo Talentum, MCR, Carrefour and Arrival.

Iberian Property logoIberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!