Montepino Logistica SOCIMI SA (FR:MLMTP) has released an update.
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Montepino Logística SOCIMI, a leading logistics asset manager in Spain and Portugal, reported a significant increase in both annualized rent and gross asset value, rising to €46.1M and €1,343M respectively, by Q2 2024. Occupancy remained high at 97.3% despite the termination of the Parla contract, with a diversified tenant base including major names like Amazon and Louis Vuitton. The company has expanded its operative asset portfolio, especially in the Big Box and Last Mile sectors, reflecting a robust growth trajectory.
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