Dunas Capital Real Estate has finalised a €31 million financing agreement with Cheyne Capital to develop a 36,000 sqm logistics hub at the Puerto Seco de Antequera, Málaga. The property, which will be fully leased to Ontime Logística Integral, will be used for three-temperature cold storage and will strengthen the management company’s logistics portfolio.
The project will be built on a 63,000 sqm plot and will feature over 20,000 sqm dedicated to temperature-controlled storage, covering both positive and negative temperatures, making it one of the most technologically advanced cold chain platforms on the Spanish market. The design incorporates sustainable construction criteria, with energy-efficient refrigeration systems and renewable energy generation solutions designed to power the refrigeration equipment.
The facility will be located in the Antequera Dry Port, a logistics hub integrated into the Andalusian Logistics Network and managed by the French Groupe IDEC. Covering an area of over 330 hectares, it has connections to the Mediterranean and Atlantic rail corridors, as well as access to the road network, ports and airports in the south of the peninsula.
The financing has been structured by Dunas Capital Real Estate with advice from Dunas Capital Debt, the group’s division specialising in alternative financing and structured property debt.
Following this addition, Dunas Capital Real Estate’s logistics portfolio now comprises over 255,000 sqm of operational assets and more than 4.5 million sqm of net industrial floor space under management in Spain, with a presence in Noblejas (Toledo), Chiloeches (Guadalajara), Loriguilla (Valencia), Castellbisbal (Barcelona) and Antequera (Málaga).
Miguel López Puche, CEO of Dunas Capital Real Estate, emphasised that the size and technological features of the development consolidate the company’s position in the cold-chain logistics segment and reinforce its commitment to energy-efficient solutions. For his part, Javier Quintela, director for the Iberian Peninsula at Cheyne Capital Real Estate, stated that the transaction reflects the firm’s interest in specialised logistics infrastructure located in strategic sites across the Iberian market.
