land Market News: Spanish Real Estate Intelligence

The country's buildable vacant plots means it has capacity for another 1.4 million homes.

Through Green Logistics, the firm will develop two projects, the most important of which will be for a large retail company.

Raquel Sánchez assured that the agreement to be signed between SEPES (the Public Land Entity) and the Ministry of Defence will be formalised "within the coming days".

The property developer already owns 718,000 square metres of land in the future Madrilenian neighbourhood, making it the second-largest landowner in the area.

The plot spans a buildable surface area of 71,983 square metres, of which 17,448 square metres are earmarked for tertiary use.

The property developer Kronos Homes is investing in the Madrilenian town of Villanueva de la Cañada with the acquisition of buildable land. Specifically, it has purchased around 85,000 square metres in Los Pocillos where 500 houses will be built, according to the company, which has become one of the largest landowners in the area. The

The investment group, whose identity has not been revealed, has also reserved three more plots spanning another almost 85,000 square metres.

This urban development project will involve the construction of 2,000 homes, as well as public facilities and a multi-use centre on an area spanning 500,000 m2 in total.

The plot is located next to Amazon and Teka's warehouses and has direct access at km 35 to the A-2 motorway that links Madrid and Barcelona.

Following the announcement that the project, which had been suspended for years, is being reactivated, the two parties will meet again to advance the dialogue and reach an agreement.