Major US REIT acquired a 10,000 sqm vandalized logistics building for redevelopment

Major US REIT acquired a 10,000 sqm vandalized logistics building for redevelopment in Sant Boi de Llobregat (Barcelona) in order to consolidate position in a landmark logistics park. A transaction with an overall value of 20,000,000 EUR

JAP advised in the due diligence, negotiation of the SPA and in the delegate development agreement with the selected contractor.

Apr 2023 through Feb 2024.