This transaction demonstrates the growing interest of major international core investors in the logistics sector in Portugal. With ESG certifications playing an increasingly prominent role in real estate transactions, this acquisition reinforces the importance of sustainable and certified assets in the investment community.
According to Diogo Lopo, Head of Industrial and Logistics Investment at Cushman & Wakefield: “We were very pleased to advise Aquila Capital on this transaction, which highlights the strength of the logistics sector in Portugal, especially in high-demand areas like Porto. The interest from international investors, particularly those focused on meeting the highest ESG criteria, underscores the resilience and potential of this market.”
Hector Canal, Head of Real Estate Investment Management at Aquila Capital, comments: “The Portuguese logistics market offers strong investment potential, with sustained demand that reinforces our strategic interest in the region. Through ACSEL, we plan to closely monitor this dynamic market, where we currently manage over 140,000 sq.m across three assets. This acquisition strengthens our commitment to securing high-quality assets that support our portfolio growth objectives and align with our long-term strategy.”
Fahmi Shawish, Head of Portfolio Management at Aquila Capital, added: “This acquisition represents a significant milestone in the expansion of the ACSEL portfolio, increasing our total managed area to new levels. As we continue to focus on strategic growth, we are committed to making acquisitions that enhance our presence in key target markets and increase the long-term value of our portfolio for our investors.”
This acquisition reflects the growing demand for high-quality properties for logistics purposes in Portugal, driven by the demand for modern and sustainable spaces. Both parties have decided not to disclose the transaction values.
