Madrid, Milano, 19 May 2022 DeA Capital Real Estate Iberia has acquired a 15,400-sqm plot located in Pinto, Madrid, to develop a logistics platform for the company ECOQUIMICA LOGISTICA INTEGRAL. who has signed a lease and a turnkey contract to relocate and expand its current facilities due to the strong growth that the company has experienced in recent years. The project consists of an ad hoc warehouse for Ecoquimica Logística Integral, a leader in the integral transport and logistics of hazardous products for the Circular Economy and recycling. The facilities, which envision a modern design, will comply with APQ regulations, suitable for the storage of chemical products, and will feature the highest standards in terms of technical specifications and safety. The project will also achieve the highest energy efficiency to allow Ecoquimica to advance in the decarbonization of the Company. DeA Capital Real Estate Iberia will develop the project according to ESG criteria and will obtain BREEAM Very Good (>55%) certification. This is the fourth transaction within DeA Capital Real Estate Iberia's logistics vehicle to invest in last mile logistics platforms. The warehouse will be built by NORTON and the works will be monitored by Dokei and APM. EY's legal team has advised DeA Capital Real Estate Iberia on the transaction.
Ecoquímica Logística Integral has accumulated 20 years of experience in the logistics sector Due to the growth that the company has experienced and aware of the importance of improving and adapting their premises to the current legal, environmental, energy and safety requirements that nowadays the market and society demand, the company is committed to offer the best premises for their clients. Besides, the new warehouse will also allow the company to continue developing its Circular Economy logistics activities, a sector in which Ecoquimica is a pioneer and which has a great potential for development.
DeA Capital Real Estate Iberia is part of the DeA Capital Platform, the leading independent Italian alternative asset manager, with combined assets under management of more than €26.5 billion, including €12 billion in real estate. The Group's Platform, concentrated in two subsidiaries, DeA Capital Real Estate SGR and DeA Capital Alternative Funds SGR, and in the indirect majority stake in Quaestio Capital SGR. It is focused on the promotion, management and development of real estate assets, credit and private equity funds, as well as multi-asset/multi-manager solutions for institutional investors. In addition to Italy, DeA Capital Real Estate has offices in France (Paris), Iberia (Madrid), Poland (Warsaw) and Germany/Austria (Munich/Frankfurt).