23 March 2018 – 20 Minutos
Specifically, the Junta de Andalucía has sold nine plots of industrial land located on several industrial estates in Alcalá la Real, Arjona, Martos and Torredonjimeno for a total amount of around €0.5 million, according to a statement issued by the Andalucían Government on Friday.
Most of the sales have been recorded in Alcalá la Real, where four plots spanning a surface area of 2,800 m2 on the Llanos del Mazuelo industrial estate have been awarded, which will whereby continue its development with the upcoming installation of new companies and the expansion of existing firms that already operate there.
In Torredonjimeno, three other plots have been awarded, spanning a total surface area of 2,184 m2, whilst in Arjona, one plot measuring 700 m2 has been sold and in Martos, another plot has been sold for the expansion of the Cañada de la Fuente Industrial Estate, spanning 941 m2.
The Minister for Development and Housing, Felipe López, explained that the land sales by the autonomous community were reactivated at the beginning of this legislature, “a decision that aims to place public assets at the disposal of business initiatives for the generation of economic activity and employment”.
According to López, the proceeds that the government has been receiving since the beginning of 2015 for these sales “are allowing the autonomous Administration to look for and generate new plots for future industrial and business uses with the aim of boosting economic development and responding to the growth needs of the production fabric” in the province of Jaén.
Moreover, he highlighted that Jaén leads the ranking for the sale of industrial land in Andalucía to date during this legislature. In total, including the plots that have just been awarded, 96,655 m2 of land has been awarded in the province since 2015 for almost €8 million.
Meanwhile, he added that the first offer for land owned by AVRA this year has resulted in the award of 28,376 m2 in residential and industrial plots right across Andalucía, for a total amount of €5.6 million.
In addition to the plots of industrial land sold in Jaén, the award of land for social housing in Córdoba is also noteworthy, where a plot measuring 4,656 m2, with capacity for 88 homes, has been divested for €1.7 million.
Moreover, a free residential plot, spanning 15,450 m2 and with capacity for 86 homes in the Malagan municipality of Rincón de la Victoria, was sold for a price of €3.1 million. In addition, another free residential plot for 10 homes was also sold in the Cordoban municipality of Obejo, for €103,500.
The sale that has just been completed was opened on 26 January and remained open for the presentation of offers until 1 March. The offer, the first in 2018 involving the sale of industrial, tertiary and non-residential land, as well as residential plots and other real estate assets, contained almost 900,000 m2 spread over 772 plots across all of Andalucía’s provinces.
The residential plots that were included in this sale have capacity for 3,060 homes, of which 1,437 are social housing in nature and the remainder are for free/private development.
Original story: 20 Minutos
Translation: Carmel Drake
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Source:: AURA Real Estate Experts