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Stoneweg Sells Coca-Cola’s Bottling Plant in Madrid to Thor to Create a Giant Data Centre

The buyer has allocated up to 600 million euros for the acquisition of the land and the development of 'Madrid One', its grand digital project for Europe.

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From filling Coca-Cola bottles to generating data. The land where the bottling plant of the multinational beverage company used to be located in Fuenlabrada (and whose closure, which involved the dismissal of 800 workers, dragged on for four years through several Supreme Court decisions) now officially has a new owner after spending two years in the hands of Stoneweg: Thor Equities Group is going to build Madrid One, a giant data centre, on the site, which spans more than 200,000 square metres and in which it intends to invest 600 million euros.

Stoneweg, the real estate investment advisory company, has completed the operation, on behalf of the Icona Capital Group, two years after buying the land, which is located on the Niño del Remedio Industrial Estate.

Read the full article in Spanish.

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