Iberian Property > News > Logistics DAMAC Group buys land in Madrid to build a €400M data centre ActivumSG has completed the sale of the nearly 23,000 sqm site, after ASG Iberia reached an agreement for the supply of 40 MW, thus connecting the site to a nearby power substation. Alexandre Lima | 15/10/2024 Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Residential Impar Capital and Marriott launch sales of 17 branded residences in Madrid 23 October 2026 Residential BeGrand acquires 19th-century palace in Madrid to develop 12 luxury homes 15 October 2026