Tuesday, October 20, 2020
Home Transactions Alquila Capit...

Alquila Capital Buys 150,000 m2 of Logistics Land in Sevilla for Turnkey Warehouses

The estimated investment required for the development of the firm's second project in Spain is around 65 million euros.

The Illescas Green Logistics Park project, the German fund’s first investment.

Green Logistics by Aquila Capital, the German fund’s development arm in the logistics sector in Spain and Europe, has completed the purchase of 150,000 square metres of logistics land in Alcalá de Guadaira, in the province of Sevilla.

The development of the project will involve the construction of state-of-the-art turnkey logistics warehouses with surface areas of between 15,000 and 100,000 square metres, 12 metres of free height and extensive manoeuvring space. For the last few months, the investment fund, and owner of AQ Acentor and Green Logistics, has been finalising two complex logistics projects in Sevilla (published today) and Málaga spanning 160,000 m2. It has also launched a new residential development in Cataluña after acquiring land there last week, as revealed by brainsre.news.

Read the full article in Spanish.

B-Exclusives

The Aging Spanish Population: a Gold Mine for the Real Estate Sector

By 2050, 31.4% of the population in Spain will be aged over 64 years due to aging and a longer life expectancy. The supply of nursing homes for the elderly will need to double its capacity to keep pace.

The Housing Market and the Spanish Population: Where Will We Need Houses in 2035?

According to data from INE, over the next 15 years, Spain will gain 954,497 inhabitants, which will represent a population increase of 2%, with decreases in 9 autonomous regions and increases in 8 and a significant impact in terms of the foreign population in Spain.

The Yields on Housing Spark Investor Interest in Madrid and Barcelona

The growing phenomenon that is rental and the scarcity of other attractive investment alternatives are causing a boom in home purchases for investment purposes in Madrid and Barcelona, with varying returns depending on the district.

Residential Yields Reach 7% at the Height of the Pandemic

Investment in housing is gaining ground over other assets, such as the stock market and other equity products, with returns of between 7% and 8% in several Spanish provinces.

Latest news

Mileway (Blackstone) Buys 13,000 m2 of Logistics Assets in Spain from Gallastegui

The firm, owned by the investment fund Blackstone, has acquired a portfolio of logistics assets located in Madrid, Barcelona, Valencia and Guipúzcoa from the Basque company.

Primevest: “We Will Invest €100 Million in the Build to Rent Sector in Spain”

The European investment manager plans to spend 100 million euros over the next two years buying up rental housing in Spain; it already has several operations under consideration.

Should the Operation to Sell 15,000 Public Properties Be Reactivated?

The attempt to raise cash from the sale of more than 15,000 properties in 2013 illustrates the enormous volume of assets in the hands of the State. The divestment of the properties on Paseo de la Castellana in Madrid alone would generate income of €3.5 billion, according to calculations by CBRE.

Allianz Considers Suing Acciona For the Frustrated Sale of Banesto’s Former Headquarters

The two companies had signed a 15-year sale and leaseback agreement for the offices located in Madrid, however, the Spanish company decided to back out.