Qantara Capital invests in new logistics park and hotel in Grândola

Qantara Capital invests in new logistics park and hotel in Grândola

Qantara Capital, a private investment and consultancy company operating in the real estate and natural resources sectors, has partnered with the Municipality of Grândola to build a new logistics park 8 km from the town centre.

The new development will have 130 hectares and 630,000 square meters of construction area, in addition to 300,000 square meters of adjacent infrastructure, in a total of 24 industrial lots with 25,000 square meters each. The park will also have an area for a hotel, restaurants, shops, offices and a parking lot with electric charging and a gas station, following LEED standards.

It will be close to the Port of Sines and the new Southern International Corridor rail link to Spain and Europe.

Construction is expected to start in 2023 and will be carried out in four distinct phases. It is a public interest investment eligible for the Recovery and Resilience Plan.

New 4-star hotel in Grândola

The company will also invest in the construction of a new 4-star boutique hotel opposite Jardim 1º de Maio, Jardins de Grândola, with 50 rooms, lobby bar, restaurant, events center, outdoor swimming pool, meeting rooms, as well as a residential building with apartments and penthouses. It will be focused on business customers as well as leisure.

The project is signed by the Promontório atelier. Construction is scheduled for 2022 and is expected to take about a year.

Hadrien Fraissinet, CEO of Qantara Capital, is pleased to be able to invest in a «municipality with great potential and exceptional characteristics» and the «huge development and investment opportunities that Grândola offers in addition to the obvious developments in the coastal zone», quotes the Executive Digest.

In his turn, António Figueira Mendes, Mayor of Grândola highlights that «among the priorities of the municipality of Grândola are the economic development of the municipality, the growth of the region and the consequent increase in the quality of life of our population and, in that sense, , Grândola has developed an important action to attract investment to the region. It is in this perspective that these two investments fit, which will, on the one hand, create jobs and wealth in our municipality and, on the other hand, attract visitors and increase tourism».

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