Amazon has decided to sell its El Prat de Llobregat logistics platform to the South Korean sovereign wealth fund Korea Investment Corporation (KIC) for more than 150 million euros, in one of the largest logistics deals this year.
This divestment by the e-commerce giant, which will continue to occupy the center under a lease agreement, is part of a process to sell the company's assets, which also included divesting properties in London and Paris, for a total value of 400 million euros.
The Barcelona logistics complex is located on the Mas Blau property and is considered Amazon's main hub in Southern Europe. Following a €200 million investment, it began operating in October 2017 and has a surface area of 63 square meters.
Amazon explained that this sale is a standard transaction, as it normally operates with leases in most cities worldwide where it has a presence. Therefore, it considers that this transfer " does not affect " its commitment to Spain or the creation of long-term jobs in the country. " Currently, we already operate this type of lease structure with most of our properties worldwide, and it is a regular transaction for our business ," the company stated.
