Ecologis Acquires 7,200 SM Last Mile Asset in Matosinhos, Porto.
MANews-(C)2009-2023
Portuguese-based last mile and big box logistical assets Ecologis has acquired Estrada Velha, a 7,200 sq m last mile logistics asset located in Matosinhos, Porto, the company said.
Terms of the transaction were not disclosed.
This is the first acquisition within the Porto area for the expanding Ecologis platform.
Ecologis is the logistics joint venture between Europi Property Group and Bedrock Capital Partners.
The asset located between Porto city centre and Porto airport in Portugal. The site is occupied by an international medical equipment manufacturer.
The acquisition further grows the Ecologis portfolio, which now comprises 11 assets totalling 160,000 sqm.
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