12 July 2018 – Press Release
SEGRO, the British investment fund specialising in the industrial and logistics real estate sector, is consolidating its position in Spain with the development of an additional constructed surface area of 36,000 m2 for distribution activities in Getafe, Madrid. Specifically, the 6-hectare plot is located in the “Puerta Mayor-Los Gavilanes” Business and Logistics Park, a strategic area where SEGRO already has another project under construction.
Through this operation, SEGRO is continuing to pursue its aim of becoming one of the main players in the logistics-real estate sector in Spain, where it has a total portfolio of 340,000 m2 comprising buildings and land for latest generation logistics and distribution activities. The firm is committed to high-quality facilities and locations.
SEGRO’s commitment to developing projects located in privileged areas is furthered with this new plot located just 14km to the south-east of Madrid, on the A-4 (Madrid-Andalucía) motorway and with direct access to the M-50. This enclave has a total surface area of 1,700,000 m2 and is one of the most modern external urbanisations around with 500,000 m2 of green space. It facilitates distribution in the capital, as well as to other parts of the country. Moreover, several multinational companies are located in the same area, including Amazon, Decathlon, CostCo and Coca Cola, reinforcing its position as a strategic enclave.
Flexibility is one of the defining characteristics of SEGRO, and for this reason, this new distribution centre may be adapted to the needs of its clients in order to ensure the fulfilment of their logistics needs. The project is going to be built in accordance with the latest environmental standards and with the aim of obtaining the BREEAM “Very Good” certificate, in line with SEGRO’s strategy to build modern, high-quality and flexible buildings.
Meanwhile, the firm’s first platform, measuring 47,000 m2, located in the same business park in Getafe, is in the final phase of construction and is expected to be completed by the end of 2018 (…).
SEGRO is now one of the largest logistics and distribution real estate firms in Spain and around Europe. It works on new build projects, as well as on the reconversion of existing industrial facilities.
Original story: Press Release
Translation: Carmel Drake