Merlin starts construction of Plataforma Logística Lisboa Norte

Merlin starts construction of Plataforma Logística Lisboa Norte

The logistic facility will have a total 225.000 sqm, and is the only of this size under development in the country. The total investment is 147 million euro.

This new platform will include logistic and complementary services and green areas. For now, the construction of a 45.000 ABL warehouse was launched. The remaining warehouses will be constructed as they are sold, but Merlin guarantees that the new project «has already captured the interest of several companies which want to be installed in the future logistic park».

For João Cristina, in charge of Merlin Properties in Portugal, «with Lisboa Norte we make a difference in the Portuguese logistic market, traditionally fragmented, by concentrating more square metres adapted to all the needs of the current operators. Besides that, this is an unprecedented undertaking in the Portuguese market, which offers the opportunity to create key-in-hand projects for the main e-commerce companies and national and international operators».

 

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!