WarehousingIreland.ie – Montepino Logistica develops 1 million sq.m for logistics space in Spain

Montepino Logistica develops 1 million sq.m for logistics space in Spain

Nov 08, 2020 Warehousing Ireland Logistics, News, Warehousing Comments Off on Montepino Logistica develops 1 million sq.m for logistics space in Spain

The company has become the largest logistics developer specialising in built-to-suit (BTS) projects in Spain, and one of the ten largest in Europe

Montepino Logística, one of the largest logistics developers and asset managers in Spain, has achieved its goal of providing one million square metres of logistics space in Spain since 2014. It has reached this milestone through its delivery of the final part of the new logistics HUB for the company Luís Simões, located in the Ciudad del Transporte industrial estate, one of the largest logistics sites on the Peninsula. It is a cutting-edge complex for e-commerce and represents a joint investment of over €85 million.

This figure has turned the company, which has bases in Zaragoza, Madrid and Barcelona, into the leader of the BTS sector in Spain and one of the largest logistics developers in Europe. This milestone has been hit at the best possible time for Montepino, which is growing rapidly on a national level and is soon to implement its expansion strategy for growth on an international level. The company is seeking to export its demonstrably successful business model, which is client-focused and based on innovation, sustainability and growth in the short, medium and long term.

A growth plan with sights set on Europe

Over the last few years, Montepino has broken records within Spain. It has also managed to double the scope of its business plan in just three years, building a portfolio with a value of nearly €1 billion, which will feature 23 different platforms by the end of 2021. Its assets consist of both Big Box or XXL logistics platforms and last-mile platforms and have been built in strategic, key locations for cutting-edge logistics.

To Juan José Vera, the Director General of Montepino, “it’s clear that our logistics operators are at the centre of the whole process and this is why we structure our whole team around them.” This approach has allowed Montepino to establish long-term relationships based on trust with first-class clients.

The increased e-commerce activity of the last few months reveals the importance for the logistics market to continue to grow and to reinvent itself to offers innovative platforms. Against this backdrop, Montepino has been working on its plan to expand into the rest of the continent and to double its value again within the next five years.