logistics

Companies 30th July 2012

Inditex opens logistics expansion in Spain with €150 million investment

MADRID | Inditex announced this week it signed a letter of intent for the acquisition of 300,000 square metres in Cabanillas, Guadalajara (Spain) in order to expand its logistics capacity. The project is set within the plans of the group’s investment in its facilities in Spain detailed by the chairman Pablo Isla during the general meeting of shareholders held on July 17. Initially, a 70,000 square metre platform for logistics activities is…

Companies 4th May 2012

Amazon sets first logistics centre in Spain

MADRID | Fortune 500 company Amazon announced Friday plans to open its first logistics centre in Spain, seven months after the launch of Amazon.es, the Spanish version of the popular online store. The centre will be located in San Fernando de Henares, in Madrid. This is the latest opening within the existing European network of logistics sites of Amazon, which will become operational within a few months. “We are very pleased with the positive response from customers, as well as their interest in our Premium Amazon offer,” said Allan Lyall, deputy president of operations in Europe. Lyall hinted at…

Companies 17th January 2012

AEW Europe merges its logistics funds, ready to reap austerity era

AEW Europe has announced the merger of its three existing logistics funds, creating a €1bn pan-European logistics platform. The new Logistics Fund will own one of the largest logistics investment portfolios in Europe. The logistics market has been undergoing structural change and consolidation in recent years as logistics providers seek to increase market share and geographical coverage. Third party logistics providers and retailers are increasingly seeking to work with fewer partners…

In Europe 15th December 2011

European warehousing investment concentrates in the UK

The market for warehouses over 5,000 square metres recorded a strong activity in Germany throughout 2011 and returned to growth in France and in the United Kingdom. The disparity between second hand and new premises is widening in most countries since demand is mainly turned towards high-grade premises. According to a BNP Paribas Real Estate research, even though the market has been vigorous during the past few quarters, supply levels…