Wednesday, June 3, 2020
Home Ind. & Logistics Gazeley Final...

Gazeley Finalises the Construction of a Warehouse Spanning 37,000 sqm in Toledo

The G-Park Illescas platform has been designed to accommodate the activity of logistics, e-commerce and distribution companies.

The G-Park Illescas platform. Source: Gazeley

The property developer Gazeley has completed the construction of a 37,000-square-metre industrial warehouse in Illescas (Toledo), which is available for immediate occupation. The G-Park Illescas platform has been designed to house the activity of logistics, e-commerce and distribution companies.

The platform has a free height of 11.7 meters and motion sensors that allow for the remote control of the building. The warehouse also has more than 250 private parking spaces for cars and 20 spaces for trucks. The Director of Gazeley Spain, Oscar Heras, said: “We have made significant progress with the expansion of our portfolio in order to meet the growing demand from logistics customers.”

- Advertisement -


The Balearic Islands, Madrid and País Vasco, the Most Expensive Regions in which to Buy a Home

In the Balearic Islands, the average sales price of a home stood at €578,025 in the first quarter of 2020, compared to €122,072 in Castilla-La Mancha.

What was Happening in the Housing Market in Spain Before Covid-19?

House prices in Spain grew slightly during the first quarter of 2020, whereby maintaining the upward trend registered over the last five years, although they were showing signs of peaking.

The Rental Home Market in Spain Continues to Rise

The gross yield on rental housing stood at 6.81% for multi-family properties and 5.61% for single-family units in Q1 2020, according to data collected by BrainsRe.

The Retail Crisis of 2008 Lasted 5 Years and the Price of Premises Fell by 33%: How Much Will They Fall by during this New Crisis?

The Covid-19 crisis has come at a time when the prices of commercial premises have not yet recovered from the previous recession, the consequences of which lasted for five years.

Latest news

Spain’s Parking Sector Grows by 3.5% as it Awaits the Impact of the Crisis

Revenues in the parking sector in Spain and Portugal amounted to €1.2 billion in 2019, up by 3.9% YoY, of which €1.1 billion corresponded to the Spanish market, according to DBK.

Realia Backs Rental Housing with Two New Projects in Madrid

The property developer owned by Carlos Slim has acquired two plots in Tres Cantos (Madrid) to build 195 build-to-rent homes.

The Chain B&B Will Open Three Hotels in Spain This Year and One in 2021

The French chain will open three hotels in Almería, Murcia and Alcorcón this year and will make its debut in Málaga during the first quarter of 2021.

80% of the Buildings in Spain are Inefficient in Energy Terms

80% of the buildings in Spain are inefficient in terms of their energy use and more than half of the building stock is over 40 years old, according to Greenward Partners.