CBRE Advises Incus Capital in The Acquisition of an Industrial & Logistics Portfolio
CBRE was responsible for the capital raising process and commercial due diligence
CBRE, the world’s leading real estate consulting company, advised Incus Capital in the capital raising process and commercial due diligence, during the recent acquisition of a portfolio of Industrial & Logistics assets.
Consisting of 7 properties, in different areas of mainland Portugal and Madeira, this portfolio of high-quality assets previously owned by Fundo Logística e Distribuição has approximately 74,000 sqm of gross leasable area. In order to secure t the necessary funds, CBRE's Capital Advisors team worked with several financial institutions, in order to obtain favourable financing terms.
The Industrial and Logistics sector is currently one of the main attractions for investors throughout Europe, although in Portugal this trend still isn’t as evident as it could be. Therefore, it was a very interesting challenge to support Incus throughout the capital raising process, presenting the strategy and the dynamics of the sector and the market, to the various financial institutions that we were in contact with. We are extremely pleased with the enhanced value generated for our client and it is also very positive to see that financial institutions are increasingly available to support real estate investment projects, a reality that will surely increase in the coming months.
Alejandro Moya, Partner at Incus Capital, adds that “we are very pleased to enter into this transaction with the help of CBRE. This investment reflects our continued confidence in the recovery of the Portuguese economy and specifically the logistic sector.”