Updated Dec 21, 2023
Aberdeen Standard European Logistics Income PLC Acquires Warehouse Portfolio In Madrid, Spain For €227M
Madrid, Spain
$227,000,000
$172/SF
Building Size
1,313,197 SF
Asset Type
Industrial
Closing
Dec 14, 2021
About this deal
AI
The Warehouse Portfolio, located in Madrid, Spain, was recently sold in a closed transaction. The industrial property spans an impressive 1,313,197 square feet. The sale price for this portfolio amounted to €227,000,000, resulting in a price per square foot of €173. Tony Roper, representing Aberdeen Standard European Logistics Income PLC (ASLI), served as the purchaser in this deal.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: €227,000,000
- Square Footage: 1,313,197
- Price per Square Foot: €173
- Purchaser: Aberdeen Standard European Logistics Income PLC (ASLI) - Tony Roper
This transaction showcases the ongoing activity in the industrial sector, with a significant investment in warehouse assets in Madrid, Spain. ASLI, represented by Tony Roper, recognized the potential of this portfolio and made the strategic decision to acquire it.
Players
Madrid Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.07%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93