Oxford and M7 expand European urban logistics platform with seven acquisitions in Spain

Oxford Properties Group has made investments in Spain, with the acquisition of seven Spanish urban logistics assets, via three separate transactions. The acquisitions were sourced and secured through Oxford’s portfolio company, M7 Real Estate.

The assets, which comprise a total of c. 90,000 square meters, were acquired throughout second quarter and third quarter with attractive financing terms. Located in prime logistics hubs within three key cities — Barcelona, Bilbao and Tarragona — the assets benefit from excellent connectivity to transport links and infrastructure, as well as uncapped annual CPI increases. The acquisitions include:

A portfolio of five urban logistics properties totaling 60,000 square meters (645,835 square feet), four of which are fully occupied by established occupiers on long leases, with an opportunity to reposition the final vacant asset via a full refurbishment. The properties are strategically located in the highly sought-after ma