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Patrizia Buys Four Madrid Logistics Assets Under Development for €50M

Development area spans 65,800 Sq M and is Due to Complete in 2022
Source: Getty Images
Source: Getty Images
CoStar News
October 8, 2020 | 8:26 AM

Patrizia has forward purchased the development of four logistic warehouses on behalf of its institutional investors for €50m at a logistics park located in Valdemoro, within the greater Madrid area. The construction of the 65,800 sq m (708,265 sq ft) development is expected to be completed by 2022.

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