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: Residential Metrovacesa secures licence for 240 homes in Valencia 16 October 2026 Residential Madrid’s Campamento tenders €114.8M infrastructure works for first 4,000 homes 16 October 2026