04/09/2026
Just Sold.
We are pleased to announce the successful sale of a logistics and cold storage facility located in Modivas, Portugal.
The property comprises 5,102 sqm of GLA on a 19,820 sqm site, including positive and negative temperature cold storage areas and 10 loading docks, making it a strategic asset for the logistics and food distribution sector.
Vasco Invest advised the seller throughout this cross-border transaction, which resulted in the acquisition of the asset by the Portuguese investment fund Square Asset Management from a Luxembourg investment fund.
Congratulations to Square Asset Management on this acquisition, and thank you to all parties involved for their trust and collaboration throughout the process.
ColdStorage Investment CommercialRealEstate SquareAssetManagement Modivas RealEstateInvestment