EY Abogados has advised CapitaLand on the acquisition of part of Blackstone’s logistics portfolio. The transaction involves six logistics assets—two located in Madrid and four in Barcelona—and marks the Singapore-based group’s debut in Spain.
The acquisition forms part of CapitaLand’s investment strategy focused on developed markets with strong fundamentals. The logistics assets are fully let, with average lease terms of up to nine years, statse EY.
EY Abogados provided tax due diligence, tax structuring advice (Singapore and Spain), SPA advisory and financial modelling. The EY team was led by Josep Camí (partner, pictured), alongside Carles Hernández (director) and Francesc Plantés (senior manager).…Read more by Glória Paiva