Meridia IV acquires an industrial land close to Barcelona

Real Assets | 31.03.2023

Meridia IV has closed the acquisition of a c.37,000 sqm industrial land located in Barcelona’s first logistic ring, in Martorell Xamenes Sector 3, from Incasòl and the City Councils of Martorell and Sant Esteve de Sesrovires.

Meridia intends to acquire the asset to develop a state of the art logistics warehouse to be leased to a single tenant. The area is a sought-after logistic hub, with strong demand for modern ESG compliant assets.