en.Wedoany.com Reported - Spanish real estate investment trust Milepro has sold a logistics land parcel in Getafe, Madrid, for €8.5 million. This sale is part of the company's asset divestment strategy aimed at maximizing value for shareholders. Getafe, located in the southern metropolitan area of Madrid, is a hub of intensive logistics activity.
The company's divestment plan began at the end of March this year. At that time, Milepro Logística informed the BME Growth market that, following the investment period, the company had entered the management and divestment phase, which will last until July 2027. During this phase, Milepro Logística aims to actively manage its portfolio to create value by optimizing lease contracts and improving asset quality. Meanwhile, the SOCIMI is also continuously evaluating potential divestment options for specific assets, and the Getafe land transaction confirms this trend.
A few weeks ago, in early May, the company completed a transaction signed on April 24, selling two logistics assets located in Madrid and Barcelona, respectively. One is a logistics warehouse in the Villaverde district of Madrid, leased to Palibex Logística; the other is a logistics asset in Gelida, Barcelona province, leased to Dachser Spain Logistics. The total transaction amount was €42.7 million.
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