• Transaction / Assets
    42,000 m2 plot in A Coruña
  • Seller
  • Buyer
  • € MM

Unifersa Buys a 42,000m2 Industrial Plot in A Coruña

4 January 2019 – Eje Prime

Unifersa is expanding its warehouse. The Galician company, which is dedicated to the wholesale of industrial supplies and professional hardware, has acquired a plot of land measuring 42,000 m2 in A Coruña to expand its facilities.

The company will initially invest €10 million in the new site located in A Larancha, which will replace the headquarters that the firm has in Fene and which occupies 10,000 m2. The physical growth of the firm thus accompanies the development of the business, whose turnover exceeds €20 million.

If the forecasts from the consulting firm Savills Aguirre Newman are confirmed, the logistics market will have closed 2018 with an investment of €1.2 billion, 42% higher than the result for the previous year. That figure is accompanied by new demands from companies in the sector, which are looking for centres with a 100% logistics profile, as well as trying to find spaces with potential for return.

Nevertheless, the progression of the Spanish logistics sector has its response in e-commerce, which has boosted the sector to make 2018 one of its best years. E-commerce is the main factor responsible for the good performance of the business, which firms such as Airbus, Mercadona and Amazon have joined with new centres.

Original story: Eje Prime

Translation: Carmel Drake