SEGRO consolidates its position in the Spanish market with a portfolio of 440,000 m² valued at more than €400 million
SEGRO consolidates the first quarter of 2020 with 4 new logistics operations, turnkey and pre-let, in the first ring of Madrid and Barcelona, totaling 92,000 m², aimed at e-commerce, food, DIY and construction companies, as well as computer science and electronics.
- In the context of the unprecedented global economic situation that we are experiencing, our primary objective is the health, safety and well-being of all our employees, collaborators, clients and the communities where we operate. We have undertaken several actions to help emergency situations in different countries where we are present and we have announced the creation of a fund of 12 million euros, of which more than 1 million euros will be allocated in the first year to reinforce the plan of action COVID 19 initiated.
SEGRO , the leading British Real Estate Investment Company (Socimi) in Europe and with a presence in Spain since 2015, strengthens its position at the national level with a real estate portfolio of 440,000 m² worth more than 400 million euros and plans to increase the investment up to one billion euros in the next 3 years .
SEGRO consolidates the first quarter of 2020 with 4 new logistics operations (one of which is turnkey) in the first ring of Madrid and Barcelona with 92,000 m². In Madrid , in Getafe (Los Gavilanes Industrial Estate), 14 km from the capital and with direct access to the M50, 3 of the total operations are concentrated: SEGRO Logistics Park Getafe I , a 47,000 m² logistics platform that will be used for food sector and 2 warehouses of 18,000 m² and 11,000 m² in the SEGRO Logistics Park Getafe II platform with a total of 38,000 m², rented to companies in the DIY and construction materials and IT and electronics sectors, of which there is still availability of a warehouse of 9,000 m². In Barcelona , a 16,000 m² project is consolidated, SEGRO Logistics Park Rubí , 24 km from Barcelona, for an e-commerce company.
SEGRO is specialized in assets with high added value: quality products, new generation intelligent buildings, Class A, built with the highest standards of innovation and sustainability: Breeam certification, located in strategic enclaves very close to large cities with excellent communications to the main access roads.
Regarding the closing results of the first quarter of 2020 and forecasts for 2020-2021, David Alcázar, CEO of SEGRO Spain, has stated:
“We want to grow by focusing on the quality of the assets and prioritizing strategic locations to create a portfolio of properties with urban distribution and privileged logistics. Thus, we focus on generating spaces with high added value for both SMEs and large companies”.
“The global outbreak of coronavirus (COVID-19) is causing a difficult and uncertain situation, our objective is to adapt to the needs of our clients and support the communities in which we are present, in which we have already undertaken support actions. in various areas such as donations to NGOs aimed at providing food, masks, or giving support to different municipalities for the disinfection of nursing homes. Thanks to the entire team and collaborators who have made it possible and to all the professionals who have provided support and maintain essential services for the benefit of all of us”.
SEGRO celebrates its centenary this year, 100 years creating spaces that enable extraordinary things to happen, " We create the space that enables extraordinary things to happen" , and on the occasion of its commemoration it has announced the creation of a Fund of 12 million euros to distribute in the next 10 years. It was planned to present it on the anniversary day, May 19, but it has been brought forward given the circumstances caused by the pandemic. This fund will be invested in all the communities in which we operate, in social, economic and environmental initiatives. More than 1 million euros will be allocated this first year to reinforce the COVID 19 action plan already started, aimed at providing aid in emergency situations and contributing to initiatives aimed at economic recovery.