Cuatrecasas represents Ashmore on triple asset acquisition in the Colombian logistics market
Cuatrecasas has guided global asset management firm Ashmore in its inaugural venture into Colombia’s logistics assets market, assisting with the acquisition of three strategic properties. This transaction establishes Ashmore as a key player in the regional logistics sector, with its portfolio now surpassing 140,000 m2 of leasable area.
The deal encompassed two built-to-suit distribution centers in Palmira, Cauca Valley, previously under full ownership of Pactia and leased to Unilever and Colgate. Additionally, a logistics center in Siberia, Cundinamarca, jointly owned by Pactia (51%) and the collective real estate investment fund Fondo de Inversión Colectiva Inmobiliario Visum Rentas Inmobiliarias (49%), was part of the acquisition.
Cuatrecasas steered the complex transaction, which involved negotiations with multiple sellers, alignment of three separate financing cases with the acquisition structure, and coordination among various stakeholders including banks, trust companies, and lessees.
Davivienda also played a significant role in financing the acquisitions.
Partners Felipe Mariño (pictured left) assisted in M&A, Natalia Arango (pictured center) guided in finance, and Jaime Vargas (pictured right) acted on Taxation, led the Cuatrecasas team advising Ashmore.
Associates Álvaro Rueda and Laura Garay (M&A), along with Maria Esther Eljach, Juan Carlos Camacho, and Mariana Vanegas (Finance) provided crucial support throughout the transaction process.
