Spain

Panattoni buys land for its second logistics project in Guadalajara

Panattoni buys land for its second logistics project in Guadalajara

Panattoni has acquired a plot of 80,000 sqm in the Torija industrial complex to develop its second project in the province of Guadalajara.

In association with the pan-European real estate asset company Kajima Europe, which will act as an investment partner, the company will launch Panattoni Park Torija II, a development with a gross leasable area (GLA) of 48,000 sqm, which will allow the combination of one or several activities from 15,000 sqm, and will house offices of up to 2,000 sqm.

The project will have a minimum free height of 11.50 meters, sprinklers and an estimated slab overload of six tons per square meter. In addition, it will have a car park with capacity for more than 200 vehicles and 73 loading docks, in order to optimize the work of loading and unloading material, as well as distribution.

In line with Panattoni's Lean & Green Plan, the complex will have the Breeam Very Good sustainable construction certificate, which guarantees compliance with the highest sustainability standards. Likewise, a photovoltaic plant, low-consumption LED lighting and electric chargers will be installed to supply clean energy to the electric vehicles used in last-mile delivery.

"We are proud to be able to consolidate our presence in the Iberian Peninsula by announcing our second logistics-industrial project in the province of Guadalajara. Torija's unbeatable location allows us to satisfy the last-mile delivery needs of the most demanding customers", Gustavo Cardozo highlighted. , general director of Panattoni for Spain and Portugal.

For his part, Daniel Bumpstead, Kajima's chief investment officer, stated that "this acquisition marks Kajima's fifth development project in Spain alongside Panattoni, following our solid track record of high-quality logistics assets in strategic locations. Spain is a It is a key market in our European expansion plan and offers capital growth driven by demand growth and the lack of available Grade A logistics vessels."

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