European industrial platform Mirastar has acquired a turnkey logistics project in Valls, Spain.
In March 2022, Mirastar agreed to purchase the project, which has a total lettable area of 20,509 square metres, from leading Spanish General Contractor, Carbonell Figueras. Mirastar is the real estate platform of global investment firm KKR.
The building can accommodate either a single tenant or two tenants. It benefits from excellent connections to Barcelona and Tarragona, including its seaport and airport.
It has a BREEAM Excellent rating and an ‘A’ rating of the Energy Efficiency Certificate (EEC), in line with Mirastar’s commitment to environmental sustainability and energy efficiency.
BNP and Estrada are joint co-exclusive agents for the leasing of the turnkey logistics project.
Alfonso Cuesta, Country Head for Iberia at Mirastar, says, “We are delighted to have completed our second forward purchase development project in Spain. We are grateful to our General Contractor, Carbonell Figueras, for the timely delivery of the agreed project. This project is consistent with Mirastar’s strategy to invest in quality logistics assets with strong ESG credentials in Europe. We remain confident of growing the portfolio in Spain over the coming 12-18 months.”
