Panattoni sells 46,000 square metre logistics park in Murcia

Panattoni sells 46,000 square metre logistics park in Murcia

Panattoni has closed the sale of the Panattoni Park Murcia I logistics park to the investor Hansainvest Real Assets. The built-up area of approximately 46,000 square metres distributed over two warehouses is fully leased on a long-term basis to the logistics service provider Alfil Logistics. The amount of the transaction has not been disclosed.

The park is located just fifteen minutes from the centre of Murcia, at the junction of the A30 and A7 (Autovía del Mediterráneo) motorways, and is equipped with photovoltaic panels, LED lighting, electric chargers for delivery vehicles and technology to reduce water and energy consumption. The asset is Breeam Very Good certified. It consists of two tailor-made buildings of 20,500 square metres and 22,500 square metres. The first was delivered in mid-September 2022 and the second in early 2023.

The two buildings centralise the entire logistics operations of the Alfil Logistics group in the Region of Murcia and enable the management of Estrella de Levante's internal operations, as well as those of other clients in the food and beverage and fruit and vegetable sectors, and the group's own supply chain operations.

Gustavo Cardozo, CEO of Panattoni Iberia, says, "We are at a turning point for the logistics real estate sector in Spain, driven by the firm consolidation of e-commerce and the steady increase in demand for modern logistics space in recent years; however, in the face of these remarkable developments, it is of utmost importance to keep a forward-looking perspective and be attentive to the transformations ahead, recognising and anticipating trends is fundamental to continue providing first class logistics infrastructure in a highly competitive market".

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