Arrow Capital Partners has leased 7,159 square metres of warehouse space at its logistics asset in Alcàsser, Valencia, to Future Fibres, the composite rigging solutions company.
The specialist investment company, a developer and manager of real estate in Europe and Asia-Pacific, acquired the asset in 2021. The signing of the lease with Future Fibres reflects the successful execution of Arrow's strategy in the area, which is a strong logistics market benefiting from a sustained expansion in tenant demand.
The asset is strategically located in the consolidated logistics area of Alcàsser, providing good access to the region through its proximity to the V-31 and AP-7 motorways. The property is also 15 kilometres from Valencia city centre and its port, ensuring direct access to international distribution centres.
Malgorzata de la Torre, Head of Spain at Arrow Capital Partners, commented: "This lease demonstrates the demand for conveniently located logistics space in key cities in Spain and is testament to our strategy in the Valencia region, where compelling fundamentals are providing opportunities to drive rental growth".
Arrow Capital Partners focuses on equity and debt opportunities, specialising in cross-border transactions where it can use its platform and balance sheet to invest with US and Asia-Pacific investors in Europe, as well as European and US investors in the Asia-Pacific region. Arrow has a team of 60 people, based around the world and spread across 12 countries.