Addleshaw Goddard advises M7 Real Estate on the acquisition of a portfolio of 13 logistics assets in Spain

Addleshaw Goddard has advised M7 Real Estate (M7), a pan-European investor and operator specialising in industrial and logistics real estate assets, on the acquisition of a portfolio of 13 logistics assets in Spain, with a total surface area of 138,411 sq m, through two separate transactions.

The acquisitions were carried out on behalf of European Supply Chain Investment Partnership (ESCIP), a joint venture between AustralianSuper and Oxford Properties Group, managed by M7.

Addleshaw Goddard advised M7 on two distinct transactions in Spain. On the one hand, the acquisition of a portfolio of 12 logistics assets in Madrid and Barcelona (108,115 sq m), which is 88% let and comprises urban logistics and ‘mid-box’ assets in strategic locations. On the other hand, the acquisition of a multi-tenant logistics park in southern Madrid (30,296 sq m), fully let and with direct access to the A-4 corridor.

Addleshaw Goddard’s advice was led by Real Estate partner José Antonio Calleja, supported by senior associates Victoria Ruenes and Pilar Lorenzo.