Ferrovial to invest €1,000M in data centre campus in Madrid

Ferrovial to invest €1,000M in data centre campus in Madrid
Image by: Magnific

Ferrovial will allocate more than €1,000 million to the development of a data centre campus in Alcobendas, an investment that will strengthen its presence in the digital infrastructure sector and help to consolidate the Community of Madrid as one of Europe’s leading hubs for this type of asset.

The announcement was made by the region’s president, Isabel Díaz Ayuso, following Thursday’s meeting of the Governing Council, at which the initiative was also approved as a Project of Special Interest. This designation will enable the administrative processing of the development to be accelerated through the regional Investment Accelerator.

The campus will be developed by Ferrovial Digital Infrastructure on four plots located in the Valdelacasa business park in Alcobendas, and will have a capacity of over 100 MW once all phases are complete.

The first phase of the project, known as MAD01, will involve an investment of €153 million for the construction of a data centre with a capacity of 60 MW, of which 40 MW will be allocated to computing capacity. The building will have a floor area of 21,914.86 sqm and its development will create around 50 direct, permanent jobs.

According to the regional government, the project has already received the key favourable sectoral reports and the licence for earthworks, which will allow progress to be made on the next phases of implementation once the outstanding administrative procedures have been completed.

The investment forms part of the growth being experienced by the data centre market, driven by rising demand for cloud services, artificial intelligence and data processing. Against this backdrop, Madrid has established itself as Spain’s leading market for this type of infrastructure thanks to its international connectivity, the availability of land for new developments and the growing interest from specialist operators and investors.

With this project, Ferrovial is expanding its commitment to a segment considered strategic within the alternative property market, which in recent years has attracted a growing volume of investment and has become one of the asset classes with the greatest development potential in Spain.

Iberian Property logo Iberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!
© Grupo Iberinmo All rights reserved. | Powered byEvolutio