Tag: strategic locations

Goodman to Develop 285,000 m2 of Logistics Land in Spain

16 January 2019 – Eje Prime

Goodman is boosting its business in Spain. The inmo-logistics giant is entering 2019 with a portfolio for development that spans a surface area of more than 285,000 m2. The company is going to finalise two projects spanning more than 100,000 m2 this year, after increasing its portfolio by 30% in 2018, according to reports from the company.

In the last year, the occupancy rate of Goodman’s assets in Spain was 100%, reaching a total surface area of 106,000 m2. Its most recent completed projects include a turnkey in the Zona Franca of Barcelona and a last mile logistics platform in Madrid.

Both developments had e-commerce companies as the client. Not in vain. E-commerce “consolidated its position as the great ally of the industry by demanding large, high-quality logistics spaces in strategic locations, and with easy access to the major cities”, explained Ignacio García Cuenca, Director General of Goodman in Spain.

Currently, the company is developing four logistics platforms in Cataluña, one of the regions in which it is most active. Specifically, the company is going to build 111,000 m2 in Barcelona.

Moreover, Goodman is going to finalise several projects in 2019 including a 75,000 m2 logistics platform in Alcalá de Henares and a 33,000 m2 asset in León.

In Illescas (Toledo), the new logistics hub of central Spain for the development of large logistics warehouses, the Australian giant is going to start building a facility spanning more than 66,000 m2 this year.

Goodman Group is present in Continental Europe, the United Kingdom, the Asia-Pacific region, North America and Brazil, and has a portfolio of assets under management worth €24.3 billion.

Original story: Eje Prime 

Translation: Carmel Drake

Segro Buys Factory in Mollet del Vallès to Convert into Logistics Hub

5 February 2018 – Press Release

Segro, the British investment fund specialising in the real estate-logistics sector, has acquired a 7-hectare plot in Mollet del Vallès (Barcelona). The site has a privileged location with immediate access to the A-7 (France-Madrid) and the C17, which leads directly to Barcelona, 21km away.

The property is going to be remodelled to provide space (40,000 m2) for urban storage and logistics, and is suitable for a single occupant but could be subdivided into units measuring 6,000 m2 – 7,000 m2. The construction work will begin during the course of 2019.

This acquisition comes soon after Segro’s recent acquisitions in Getafe (Madrid) and Sant Esteve Sesrovires (Barcelona) and further strengthens the firm’s growing presence in Spain, where it now owns nine assets in Madrid and Barcelona.

David Alcázar, Director of Segro Spain adds: “Our priority in Spain, like in other places, is to build modern, high-quality assets, not focusing exclusively on quantity. For that reason, we only choose strategic locations in the most dynamic regions of Spain. Our objective is to create and build innovative, high-quality warehouses for our clients, constructing environmentally responsible Class A buildings for urban distribution and logistics”.

Segro has also been holding conversations with the Town Hall of Mollet del Vallès and the municipal government has expressed its willingness to collaborate in new business ventures such as this one involving Segro, which as the mayor of Mollet, Josep Monràs, confirms “may generate work and offer opportunities to the citizens of Mollet del Vallès”.

Segro focuses on the investment and development of buildings with a long-term perspective, helping to attract business and activity in strategic areas, through its clients that are installed on its sites. It also specialises in the reconversion of industrial opportunities, thanks to its extensive experience in Europe.

About Segro

Segro is a listed British real estate investment company (Socimi) and a market leader in Europe in the management, promotion and construction of logistics and industrial assets. Segro owns and manages a portfolio of properties spanning 6.3 million m2, with a market value of GBP 8.0 billion, offering services to various clients in the logistics and industrial sector. Its parks are located in the main distribution and transport hubs of the countries in which it has a presence. It owns some of the leading logistics parks and transport centres in Europe (…).

Original story: Press Release

Translation: Carmel Drake