South Madrid Logistics Park
It is one of two projects we developed and leased to full occupation since establishing a team in Spain in 2018. The Park is located in Illescas, a regional logistics and distribution hub 36 kilometres south of Madrid with direct access onto the A-42 highway with excellent road communications to serve the Madrid region and other key cities.
| SIZE: |
66,620 sq.m |
| LOCATION: |
Illescas, Spain |
| SUSTAINABILITY RATING: |
BREEAM 'Excellent' |
Our development team managed the project to ensure it attained the highest sustainability standards, putting our tenants in the best possible position for the future. The second building achieved a BREEAM “Outstanding” sustainability rating in the second quarter of 2023, one of only a handful of industrial properties in Spain with the highest environmental impact standards.
The excellent strategic location and quality of the asset gave us confidence to develop the park in phases, delivering three state-of-the-art warehouses, each providing more than 20,000 square metres of space. We handed over the first warehouse in May 2022, which we let shortly after practical completion to Aigostar, the household appliance and lighting manufacturer, on a long lease.
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