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Mountpark invests €70M in a logistic platform in Madrid
29 April 2020 |

Mountpark, a developer of state-of-the-art logistic warehouses, invested 70 million euro to develop Mountpark Illescas I located in Madrid.

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The warehouse will have 86.200 sqm and will be located within the Plataforma Central Iberum, in Illescas (Toledo), a first-rate distribution park 35 km away from Madrid.

It is expected that the logistic platform, which is being built on a 143.600 sqm parcel, will be completed by the end of 2020. It will have a 12-metre headroom and 143 loading bays.

«We are very happy to announce the development of a project with such exceptional dimensions, which confirm not only our ambitious plans for Spain but also our firm bet on the South of Madrid and our complete confidence in the market», commented John Derweduwe, director at Mountpark for Spain and Portugal.