Bedrock and Europi buy three logistics warehouses in Porto Alto for €10M

Bedrock and Europi buy three logistics warehouses in Porto Alto for €10M

A joint venture between Bedrock Capital Partners and Europi Property Group bought a set of three logistics warehouses located in the Porto Alto Industrial Park from a real estate investment entity, whose name was not disclosed. It is known that the deal was closed for more than 10 million euros.

About 40 km from Lisbon, the assets total about 40,000 square meters of gross construction area and are 100% occupied by leading logistics and food retail operators.

João Tenreiro Gonçalves, partner at Bedrock Capital Partners, states in a statement that “it is with great satisfaction that we record the acquisition, through the partnership with EPG, of these 3 logistics warehouses of excellent quality. The acquisition of these properties is part of our strategy of aggregating a portfolio of logistics assets with good technical characteristics, which are attractive to operators and in locations with strategic value».

Worx was responsible for advising this business. Pedro Rutkowski, CEO of the consultancy, comments that this deal «is yet another demonstration of how our market is seeing demand in this asset class - logistics and industrial - especially in a "post-covid" situation, which forced the logistics sector to to be increasingly efficient and to structure its operations'.

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