Pavasal to Build 175,000m2 of Logistics Space in Valencia, Madrid & Barcelona

14 June 2018 – Eje Prime

Pavasal is taking advantage of the good times in the logistics sector embark on its growth strategy. The Valencian construction firm is adding almost 175,000 m2 of surface area to the logistics market in three large operations in Madrid, Barcelona and Valencia. Last week, the group signed an agreement with the engineering firm Aspor to develop 35,000 m2 of land in Ribarroja.

Besides the complex in Valencia, Pavasal is also immersed in two more projects with the fund Invesco for the development of logistics land in Madrid and Barcelona. In the Spanish capital, the group is going to build a 90,000 m2 logistics park, which will involve an investment of €80 million, whilst in Cataluña, the company is finalising the hand over of a large platform measuring 49,500 m2 in Abrera (Barcelona).

The project in Madrid will result in the construction of the logistics complex with the largest available surface area in the Spanish capital. Last year, the sector invested €1.5 billion in assets, a historical maximum, and experts expect similar numbers to be recorded in 2018.

Original story: Eje Prime 

Translation: Carmel Drake

Ribarroja’s Logistics Stock Grows by 13,200m2

16 May 2018 – Eje Prime

The logistics market is continuing to grow in Valencia. The stock in the Ribarroja logistics area has grown with the incorporation of a new platform measuring 13,200 m2 built at risk. The plot where the warehouse is located, which is owned by a family office, has a surface area of 18,400 m2.

TPF Consultora has contributed to the project by performing both the market study and the conceptualisation of the product. It also prepared the marketing material and rental price for the property, according to Valencia News. On the other hand, Aspor signed off the plans and managed the construction work.

The constructed product is a logistics platform divisible into three modules with storage space of approximately 4,200 m2 each, and a ratio of loading docks that has been adapted to logistics use and the manoeuvre yard.

Original story: Eje Prime

Translation: Carmel Drake