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Paterna

Active management of an industrial warehouse

The asset is located in Paterna, a municipality with approximately 70,000 inhabitants, situated 13 km from Valencia, in one of the main logistics and industrial hubs in the country. It has direct access to the A7 motorway, which connects to Alicante, Barcelona, and France, and is 18 km from the Port of Valencia.

The property has a total surface area of 17,709 m², distributed in a single logistics and industrial building with two floors, adapted to the tenant’s needs. Both floors host the production units for the group’s various products, as well as a separate office area located on the upper floor.

PROJECT TYPE

Property Management

PURPOSE

Management of a profit-yielding property

LOCATION

Paterna (Valencian Community)

TIPO DE ACTIVO

Industrial warehouse

TOTAL AREA

17.709 m²

CLIENT

The asset has been acquired through a sale & leaseback transaction, with a lease agreement signed with Hofmann S.L., a Valencian company founded in 1928 and a leader in photographic printing in Spain. Hofmann is part of the Storio Group, one of the largest European players in the sector, which also includes brands such as Photobox. The company specializes in the production and distribution of digital photo albums, photo books, calendars, personalized gifts, and other photographic products for both individual customers and businesses, operating mainly through online channels.

This new acquisition represents an additional industrial asset under management for Fenext.

Shaping The Next. Let’s start designing your real estate future today. Because the property industry is our raison d’être, we at Fenext are committed to proposing the most innovative solutions for your business. Contact us and together we will tailor the most appropriate strategy to suit your needs.