XPO Logistics to Invest in Last Mile Logistics in Spain

16 December 2019 – The logistics company XPO Logistics is looking to double its logistics investments in Madrid, Barcelona and Valencia by 2020, targeting last-mile logistics in particular.

In consequence, XPO announced that it would build a new last-mile logistics platform in the Metropolitan Area of ​​Barcelona, ​​in the municipality of Castellbisbal, 30 kilometres from the city. The 13,000-m2 warehouse is in addition to another, 27,000-m2 facility the firm already has in the city.

The firm will build the new facility on a 37,000-k2 plot of land. The new development will have two buildings, 435 m2 and 913 m2, respectively.

Original Story: Eje Prime – Marta Tamayo

Adaptation/Translation: Richard D. K. Turner

Mountpark to Invest €30M in a Macro-Warehouse for XPO in Toledo

23 October 2018 – Eje Prime

A new macro-operation is on the cards for Plataforma Central Iberum. The logistics developer Mountpark is going to invest €30 million in the development of this enclave to the south of Madrid in an asset measuring 44,000 m2 for XPO Logistics. In turn, the logistics operator has already agreed to rent the space to a large fashion chain, according to explanations provided to Eje Prime by the Director General of Mountpark for Spain and Portugal, John Derweduwe.

This warehouse is being promoted under the turnkey model and it is scheduled for completion and opening in June 2019. The latest-generation asset is going to be located 35 km from Madrid, in the municipality of Illescas, in Toledo. The real estate consultancy Estrada&Partners has been responsible for advising this operation.

The future tenant of the warehouse of Mountpark and XPO, is going to be the Swedish fashion retailer H&M, which will use the platform for its e-commerce logistics. The boom in e-commerce is also the reason why other overseas giants have also set up shop in Plataforma Central Iberum, which has converted the park and its surrounding area into the new prime axis of the real estate logistics market in the centre of the country.

Mountpark is entering a platform where Amazon, Airbus, Michelin and Toyota, amongst others, are already present. Located on a plot spanning more than 3.5 million m2, Plataforma Central Iberum is also the largest eco-industrial park in Spain.

The platform that it is building for XPO will not be the only one that Mountpark is promoting in this park. The company owns a second plot measuring 89,000 m2 in Illescas for which it is currently finalising a rental agreement with a high-profile domestic retailer.

“This project is just the start of an ambitious future for Mountpark in Spain” highlighted Derweduwe. The director, formerly the Vice-President and Administrator of Prologis Spain between 2002 and 2006, is “heavily committed to the south of Madrid”, where he plans to constitute a “significant” land bank to be able to respond to “the new logistics needs of the 21st century”, added the executive.

Specialising in the construction of so-called XXL assets (those spanning a surface area of more than 40,000 m2), Mountpark already owns a 99,000 m2 plot in Alcalá de Henares and is working on another land bank spanning several million square metres.

Changing trend in Madrid

Regarding the arrival of giants such as Amazon to Illescas, Derweduwe points to the “saturation” of the Corredor de Henares thoroughfare, which is leading to a “change of trend” in which the province of Toledo is gaining a lot of notoriety due to its proximity to Madrid and because “being located in Castilla-La Mancha also has benefits for tenants”, said the executive.

As well as the central area, Mountpark is also looking “seriously” at Cataluña and Valencia (…).

The parent company of the Iberian subsidiary led by Derweduwe is Mountpark Logistics, a joint venture between Usaa Realco-Europe Holdcom, the Dutch subsidiary of Usaa Real Estate, and Mountpark Finco Sarl (Mountpark). The joint venture promotes large logistics buildings all over Europe, but with the focus primarily on the United Kingdom, Western Europe and Central Europe. Mountpark has a portfolio comprising 16 assets with the potential to offer logistics facilities spanning more than 1.85 million m2 in the continental market.

Original story: Eje Prime (by Jabier Izquierdo)

Translation: Carmel Drake

XPO Logistics Inaugurates its First ‘Last Mile’ Operations Centre in Spain

4 June 2018 – Eje Prime

XPO Logistics, the provider of transport and logistics solutions, is expanding its service in Spain. The group has recently launched two centres in Puerto de Sevilla, which together span almost 10,000m2. Both facilities are located in the Puerto’s ZAL (Logistics Activities Zone) and one of them is going to be the site of XPO’s first last mile operations centre in Spain.

XPO is also working on additional extensions to its last mile network in other Andalucían provinces, including opening an operations centre in Málaga dedicated exclusively to that activity.

This intensive service logistics area consists of specialised delivery, at-home assembly, and installation of large consumer products, such as furniture and household appliances. The 50 loading bays at the plants in Sevilla will be used to support the growing demand for the company’s last mile service, as well as its palleted cargo network (LTL) in Spain and Portugal.

XPO is present in all of the Andalucían provinces, where it operates a total of ten centres, owned and leased, including these two centres in the ZAL of Puerto de Sevilla. The company serves more than 500 clients of varying sizes and sectors across the region. XPO’s palleted cargo network in Spain includes 70 distribution centres and transports more than 4 million pallets per year, making it the national leader in this segment of activity.

Original story: Eje Prime 

Translation: Carmel Drake