Intelligent Real Estate Investments - Hines

In December 2020, the Hines European Value Fund 2 acquired two logistics assets to be developed, spanning a total of 31,000 square meters in Madrid.

Located on the industrial estate of Atalayuela, in the Vallecas district of Madrid, the two assets are adjacent to each other and were acquired from a private investor and from ACCIONA’s real estate division respectively. The first is a land plot which will be developed into a 21,000-square-meter shed while the second will be a 10,000-square-meter turnkey facility. Both Class A logistics facilities are targeting BREEAM Excellent certification.

The Hines development is conveniently located in the densely populated south-eastern part of the city of Madrid, only 6 kms from the city centre and with excellent access to the M-50, M-40 and the A-3, linking Madrid with Valencia, Spain’s third largest city, making it the ideal asset to support last mile, regional and national distribution.

Address

  • P.I. Atalayuela, parcela 47, Madrid, Spain

Location

  • In the Vallecas district of Madrid

Architect

  • Navarro y Conde

Building Details

  • 339,386 square feet

Contact Info

  • Nozal, Luis

Major Tenants

  • Under Construction