Properties 2018-09-05T13:36:47+00:00

Velázquez, 64 (Madrid)

PRIME HIGH STREET

RETAIL

ACQUIRED

  • Acquisition Date: Jul’ 2016
  • Area: 1,638 sqm
  • Occupancy: 100% (single tenant)
  • High street retail unit located on Velázquez street, within the Salamanca District, Madrid’s most affluent and exclusive neighbourhood
  • Velazquez is part of the Madrid Golden Mile and has improved substantially in recent years with several new openings, particularly fashion retailers and restaurants
  • Fully let on a long lease to Banco Popular (Now Grupo Santander).

Ontígola Warehouse (Toledo)

PRIME LOGISTICS

LOGISTICS

ACQUIRED

  • Acquisition Date: Mar’ 2017
  • Area: 55,647 sqm
  • Occupancy: 100% (single tenant)
  • Grade A logistics unit in Ontigola, in the third logistics ring of Madrid, a prime area in the southern A4 corridor.  The A4 corridor is one of the two prime industrial markets in Madrid (the other being the A2 corridor to the North East of the city which connects Madrid to Barcelona and the rest of Europe.
  • The property benefits from a prime micro location in Ontígola with direct access from both the A4 motorway and R4 toll-way (connecting Madrid with Southern Spain), and close to M-50 and M-45 ring roads, enabling it to serve the entire Iberian Peninsula (Spain and Portugal).

Eroski Plaza Warehouse (Zaragoza)

WAREHAUSE

LOGISTICS

ACQUIRED

  • Acquisition Date: Oct’ 2017
  • Area: 28,882 sqm
  • Occupancy: 100% (single tenant)
  • Fully let, Class A single warehouse unit in a prime location (Plaza) in Zaragoza, Spain’s third biggest logistics hub with over 2.5m sqm of stock
  • Plaza is Europe’s largest intermodal logistic hub in Europe and sits in the European Rail Freight Corridor 6 crossing Europe along its North East – South West axis
  • The city is strategically situated in between Madrid, Barcelona, Bilbao and Valencia, making it an important national and international logistics focal point

Berceo Shopping Centre (Logroño)

SHOPPING CENTRE

RETAIL

ACQUIRED

  • Acquisition Date: Dec’ 2017 – Feb’ 2018
  • Area: 34,100 sqm
  • Occupancy: 99% (multi tenant)
  • Located in Logroño, the capital city of La Rioja, at one of the city’s major intersections with access to the main motorways connecting Logroño with other areas of La Rioja, Navarra, Aragón, and the Basque Country
  • Institutional-quality, dominant shopping centre with excellent accessibility, limited competition and best in class retailers.
  • In February 2018 the Socimi acquired the petrol filling station next to the shopping centre. This gives the Socimi greater control and potential for value enhancement.