Indra has taken a further step in structuring its growth in Spain with the creation of a dedicated real estate subsidiary to manage the assets arising from its industrial and technological expansion. The company incorporated Indra Real Estate, Facility Management and Services S.L. in January, with the aim of centralising the ownership, acquisition and management of its growing portfolio of properties across the country, according to filings cited by Europa Press.
The new vehicle will focus on the purchase, sale and comprehensive management of real estate assets, allowing the defence and technology group to professionalise the oversight of facilities linked to its rapid expansion. In recent months, Indra has stepped up investment in industrial plants, production sites and technology centres, prompting the need for a more efficient and coordinated real estate strategy.
As part of this expansion, Indra has acquired the El Tallerón factory in Gijón, which will be used for the production of armoured vehicles, and has developed new facilities in Córdoba. In parallel, the group is preparing a major technology hub in Torrejón de Ardoz, near Madrid, for which it secured €385 million in financing from the European Investment Bank. The company is also analysing the acquisition of land in other strategic locations, including Madrid, and is assessing potential opportunities in international markets such as the Netherlands as it strengthens its European footprint.
The subsidiary will be led by Raúl Cervantes, Indra’s Global Controller, and Guillermo Villeta, who will act as CEO of the new company alongside his role as Global Head of Real Estate, Facility Management & Services. With this move, Indra aligns itself with common practice among large Ibex 35 groups, which typically operate specialised real estate units to optimise asset use, control costs and support long-term growth in a more structured and sustainable manner.
