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CILSA acquires 51,988 m² of logistic warehouses to SANTANDER BANIF INMOBILIARIO, F.I.I. (LURI 6) located in the ZAL Port (BCN)

07/04/2017
CILSA

CILSA, adquiere 51.988 m² de naves logísticas a SANTANDER BANIF INMOBILIARIO, F.I.I. (LURI 6) ubicadas en la ZAL PORT (BCN)

CILSA, company that manages the ZAL Port, it has reached an agreement with LURI 6 (the old SANTANDER BANIF INMOBILIARIO) in order to advance the extinction of the usufruct right and temporary ownership of 51.988 sq. of logistic warehouse, located in the ZAL Port (BCN), for an amount of 16,4 M€.

This new operation will allow CILSA to increase its logistic offer in the ZAL Port’s area belonging to Barcelona city, with 51.988 sqm which its 77% is rented to international recognized logistic operators and freight forwarders generators of maritime traffic.

At the same time, CILSA will be able to put on the market the 11.767 sqm of logistic warehouses that are available and which will be an immediate answer to the ZAL Port’s clients needs due to the high occupation of the logistic platform which is closed to its 100%. 

Alfonso Martínez, CEO of CILSA, has pointed out after the buying agreement: “This operation takes place in a perfect moment for the logistic market and it is strategical given that allows us to increase our offer, hold new clients of recognized prestige and increase our cash flow up to 2M€ per year and have an empty surface that will get us perfectly to meet our customers short-term”.

In order to achieve this agreement, CILSA has signed a loan with the Port of Barcelona for an amount of 16.5 M€ which allows it to incorporate this new active from July 1 of the current year.

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