Mountpark to develop 44,000 Square Metres for XPO Logistics south of Madrid.20th October 2018
The new logistics centre will be built in the Plataforma Central Iberum in Illescas, which has become central Spain’s principal logistics hub and is just 35 kilometres from Madrid. Other occupiers at Plataforma Central Iberum include: Amazon, Airbus, FM Logistics, Hexcel, Michelin, Seur and Toyota.
Providing more than 3.5 million square metres of logistics space, the Plataforma Central Iberum is the first eco-industrial park in Spain. It is also a beneficiary of the LIFE+ programme in Europe, which is co-financed by the European Commission.
Mountpark has already started construction of the XPO Logistics facility, which is expected to complete in June 2019.
“We are delighted to be constructing this XPO has chosen Mountpark and Illescas for this new facility,” said John Derweduwe, Director of Mountpark for Spain and Portugal. “Illescas is a prime logistics location south of Madrid and we can offer our customers the best opportunities on the market – particularly for XXL distribution centres. This project is just the beginning of an ambitious future for Mountpark in Spain.”
The real estate company Estrada & Partners acted as consultants for the project.
About Mountpark Logistics
Mountpark Logistics EU Sarl is a Joint Venture between USAA Realco-Europe Holdco, BV, the Dutch subsidiary of USAA Real Estate and Mountpark Finco Sarl (Mountpark). The Venture has been established to develop logistics facilities across Europe, with particular focus on the UK and Western and Central European markets.
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