Proequity and CBRE co-exclusively advise Brookfield and Logistik Service in the marketing of a plot of land for the construction of turnkey projects.

• Logistik Service, a company of recognised prestige in the development of industrial and logistics areas, has a 176,607 m plot of land at its disposal.²It will house two industrial logistics buildings, which between them will have a total surface area of 100,000 m².². This project is the result of an alliance between asset manager Brookfield and Logistik Service to invest approximately €500 million in logistics opportunities in the Iberian Peninsula. This agreement will allow both companies to develop a logistics portfolio focused on acquiring land and developing and managing logistics warehouses in the main industrial areas. In this new Joint VentureBrookfield acts as financial partner, and Logistik Service as operating and managing partner.
• The asset has excellent connections to the main points of logistical activity on the peninsula.

Madrid, 30 May 2023. Proequity, a consultancy firm specialising in real estate transactions, and CBRE, the leading international company specialising in real estate consultancy and services, have been selected on a co-exclusive basis to advise this Joint Venture in the marketing of this plot of land for the construction of turnkey projects, located in Ontígola, Toledo.

On this plot, Logistik Services will develop under the "turnkey" concept two logistics buildings adapted to the requirements of its customers and to the highest standards of environmental quality and sustainability. To this end, work will be carried out to obtain Leed & Well Gold certification, promoting the best efficiency in the assets.

The platform has excellent road connections. It has direct access and a frontage of nearly a thousand metres to the A-4, connecting the warehouse with the capital in just 40 minutes. Thanks to this strategic location, it connects with the main logistics points of the Iberian Peninsula.

Logistik Services has extensive experience in development and urbanisation in the municipality of Ontígola, where it has developed various large logistics platforms. Its constructions are characterised by their high standards of quality, sustainability and safety. Thanks to the cutting-edge technology of its facilities and customised design, the warehouses provide its tenants with an efficient, safe and environmentally friendly logistics activity.

For Daniel Feliú, Director of A&T Investor Leasing Industrial & Logistics at CBRE Spain "The current availability of bigbox projects above 50.000m² is scarce in the national territory south of Madrid: we are therefore convinced that this project will be very well received, as the demand for large logistics players continues to rise". It also recalls that the project comes at a good time in the market. "Logistics order intake in the first quarter of 2023 has reached more than 280,000m²This is a considerable level, which shows that the sector is in a healthy moment".

"This project is generating interest from several logistics operators and distribution companies," he explains. Roberto Fernandez, Head of Industrial & Logistic Leasing at ProEquity, "Thanks to its strategic location, the large amount of square metres available for construction and the quality standards of all Logistik Services projects, the site is ready to take on the logistics activity of leading companies in any sector, concludes.