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: Market Updates Merlin raises €767M in equity to fund data centre expansion 27 March 2026 Offices Swiss Life sells an office building in Chamberí 30 March 2026