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Aquila Capital to Invest €200 Million in Logistics Project in Illescas

The German company will invest 200 million euros in developing its Illescas Green Logistics Park project, which will have 340,000 m2 of net buildable area.

Aquila Capital’s Green Logistics, the development area dedicated to the fund manager’s logistics business in Spain and Europe, unveiled its Illescas Green Logistics Park project yesterday.

In total, the German company will invest 200 million euros in the development of the project, which has 340,000 square metres of net buildable area, divided into five plots. This is Aquila Capital’s first logistics project in Spain in the construction phase.

One of the plots already has a tenant: the food distribution chain DIA. Construction work on the 68,000 square metre warehouse, carried out by Grupo Bertolín, began last January and is currently 40% complete.

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