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 MADRID SURPASSED €430M IN CRE TRANSACTIONS DURING JANUARY 10 February 2026 Residential Argis and BGO invest in expanding their flex living portfolio in Madrid 06 February 2026