Palm Logistics Madrid-Gavilanes, Palm Capital’s logistics centre, has tenants such as Amazon and Mercadona, has a surface area of 115,000 m2.
The new assets, located in the Embajadores area and next to the Delicias metro station, have close to 10,000 sq m and 150 flats.
Pictet Alternative Advisors, the alternative investment division of the Swiss group Pictet, and Spanish real estate investment platform Lasabia have created a joint venture to develop build-to-rent projects in Madrid, according to Savills Aguirre Newman, which advised both companies on the deal.
Vía Ágora has won the auction for a plot of land owned by Reyal Urbis, located at 191 Calle Antonio López, in the Madrid Río area. It is one of the most sought-after areas of the Spanish capital, according to the developer.