KKR-Mirastar buys logistics asset in Barcelona

KKR-Mirastar adds Barcelona logistics asset to portfolio

KKR Real Estate’s European industrial and logistics platform Mirastar has acquired a logistics asset located in Sant Esteve, Barcelona from a private investor.

The logistics asset has a total lettable area of 9,100 sqm.

Alfonso Cuesta, Country Manager for Iberia at Mirastar, said: “This acquisition strengthens our position in the key sub-market of Barcelona. Mirastar will continue its ambitious investment program in Spain working to secure a strong pipeline of both investment and development opportunities.”

Diederik Schol, Principal in EMEA Real Estate at KKR, said: “This transaction is part of the latest wave of successful acquisitions in Spain, which we aim to continue as we grow our logistics portfolio across Europe.”