Ecologis, a joint venture between Bedrock Capital Partners and Europi Property Group, has bought a 7,000 sq. m logistics warehouse from Mizrahi Investments Portugal.
Ecologis, a joint venture between Bedrock Capital Partners and Europi Property Group, has bought a logistics warehouse of approximately 7,000 sq. m from Mizrahi Investments Portugal. The warehouse, located in Leça do Balio and benefiting from excellent access to the city of Porto, is currently leased to a leading multinational in the medical products production and distribution sector.
This operation, which ensures Ecologis’ expansion into the northern region, was advised by Savills/Predibisa.
According to Isabel Rocha of Savills/Predibisa, who was responsible for managing the entire process: “(...) we successfully advised on this transaction, also reinforcing Ecologis’ activity in the logistics area in Portugal, accompanying the entire process with each of the parties involved in the sale of this investment asset.”
For João Tenreiro Gonçalves, a partner at Bedrock Capital Partners, “this transaction, which increases Ecologis’ portfolio to 160,000 sq. m of high-quality logistics assets in Portugal, gives us particular satisfaction as it represents the platform’s geographical expansion to the north of the country”.
It should also be noted that the dynamism in the area of property investment that has been observed continuously in the Greater Porto region is increasingly driving Savills/Predibisa’s positive performance in investment asset management, directly reflected in the area of commercial, industrial and office space placed in the last 3 years and with strong growth trends in 2023.