Roebuck acquires its third Amazon logistics center in Spain

Roebuck acquires its third Amazon logistics center in Spain

The British fund, Roebuck Asset Management, and GFH Financial Group have completed the acquisition of a third last-mile logistics facility in which Amazon operates in Spain. The transaction of this distribution center located in Valladolid has been around 25 million euros, according to sources familiar with the operation. Roebuck acquires the logistics platform from the Spanish developer Hispavima.

The 42,000 sqm plot is located a short distance from the city center and has been developed according to the latest specifications and designs from Amazon. The facility incorporates numerous sustainability criteria, such as electric vehicle charging points for electric delivery vans or photovoltaic panels, and has the demanding BREEAM Very Good rating.

The newly appointed CEO of Roebuck Iberia, Víctor Gregori, has underlined the "added value of this logistics asset due to Amazon's environmental policy, which chooses last-mile logistics centers that allow it to operate with its fleet of electric vans." He has also pointed out that "last mile logistics continues its expansion throughout Spain". Practically every week, added the CEO of Roebuck Iberia, "new logistics locations emerge in Spain and Europe, given the need for brands to reduce delivery time to consumers."

This new project is part of Roebuck's investment strategy in Spain aimed at acquiring logistics assets in regional locations, and which has already been completed with the purchase of platforms in Zaragoza, Murcia and Alicante, where the first operation of the company. The British fund has expressed its intention to continue increasing its portfolio, especially under the modalities of purchasing assets in profitability.

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