AXA IM Alts acquires last-mile logistics asset in Spain

AXA IM Alts acquires last-mile logistics asset in Spain
Image: AXA IM Alts

AXA IM Alts has acquired a newly developed last-mile logistics asset in Barcelona, Spain from Acciona.

The 58,000 sqm asset comprises a bespoke last-mile logistics operating centre spread across 13,350 sqm of high-quality warehouse space alongside 44,540 sqm of parking, with capacity to accommodate more than 600 delivery vans.

Located in central Barcelona, the second most populated city in Spain , the asset will benefit from a strategic logistics location with good transport connections due to its proximity to the main highways and ports.

Additionally, the asset borders one of the main residential districts in the city centre, creating a genuine last-mile logistics network and supporting the growing demand for rapid e-commerce delivery time frames.

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