We offer all the tools necessary for landing the full scope of business you really deserve.
Feel free to call us: +34 617 369 878

Merlin to Invest €250M Developing 565,000 m2 of Logistics Space

Posted by: In: Real Estate 06 Jun 2018 Comments: 0 Tags: , , , , , , , , , , ,
.

6 June 2018 – Expansión

The Socimi Merlin is going to invest €250 million developing 565,000 m2 of new logistics space in Madrid, Valencia, Sevilla, Málaga, Vitoria and Lisbon over the next two years.

According to explanations provided yesterday by the company’s CEO, Ismael Clemente, the next main complex that it is going to promote will be Cabanillas 2, in Madrid, measuring 210,000 m2.

The listed company will expand its logistics presence in Spain to 1.7 million m2. Merlin currently has more than 1.1 million m2, excluding the space it owns inside the Logistics Activity Zone (ZAL) in the Port of Barcelona.

Original story: Expansión

Translation: Carmel Drake

The post Merlin to Invest €250M Developing 565,000 m2 of Logistics Space appeared first on Aura Real Estate Experts.

Source:: AURA Real Estate Experts

LinkedInFacebookTwitterGoogle+PinterestShare

Sorry, the comment form is closed at this time.