Aquila Capital buys a plot of logistics land in Malaga

Aquila Capital buys a plot of logistics land in Malaga

Green Logistics by Aquila Capital, a development area dedicated to Aquila Capital's logistics business in Spain and Europe, has closed the purchase of 75,000 sqm of logistics land in the Santa Teresa de Málaga Polígono until now in the hands of Bacardi, for the construction of 47,000 sqm of logistics platform. The company arrives at the Polígono Santa Teresa, a benchmark in Malaga logistics, to give life to the former grounds of the Bacardí factory, which was in operation for several decades and which has currently been unused since 2008. The operation has been advised by Savills Aguirre Newman.

This is the company's first logistics project in Malaga and the second in Andalusia, where it has a logistics site in Alcalá de Guadaíra, Seville, since October last year. It should be noted that the land is located in a privileged location in the first distribution ring of the city of Malaga.

The future project will include a group of state-of-the-art "turnkey" logistics platforms based on the needs of the future tenant. Regarding its most outstanding characteristics, the warehouse will have a concrete structure with a free height of up to 12 meters with wide maneuvering areas and a large number of loading docks.

Sustainability criteria are part of Aquila Capital's DNA, which is why all Green Logistics projects are developed under the standards of energy efficiency and sustainability in the supply and construction chain, contributing to the reduction of CO2 emissions through of, among other things: BREEAM certification, installation of photovoltaic panels on the roofs and compensation of CO2 emissions. These measures, which contribute to compliance with the CSR and ESG policies of the clients and tenants of Green Logistics assets, also help to reduce the costs of the tenant's energy bill, as well as favor access to certain tax benefits associated with the use of renewable energy for industrial purposes.

With this acquisition, Green Logistics by Aquila Capital expands its portfolio of assets in the Iberian Peninsula, where it develops more than 750,000 sqm of logistics land.

In the words of Sven Schoel, CEO of AQ Acentor, promoter of Aquila Capital that will develop the project: «This new acquisition represents another step in our growth strategy in the Spanish logistics market. Andalusia, and Malaga in particular, is a very attractive business focus for us, both logistically and residentially, where we also have several projects underway, in addition to the development of a hotel in one of the two towers of AQ Urban Sky, that will change the skyline of Malaga. From Aquila Capital we will continue working on the identification of interesting business opportunities ».

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