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You are here: Home / News / Business recovery consolidates in Plaza with the second largest operation in its history

Business recovery consolidates in Plaza with the second largest operation in its history

17 February, 2016

The Zaragoza Logistics Platform Board of Directors, chaired by the Minister of Economy, Industry and Employment, Marta Gastón, yesterday authorised the sale of another plot of 98,000m2 (corresponding to ALIC 1) to a Spanish business group under the purchase option agreement established last December when the buyer acquired a plot of 100,000m2 (ALIF 2.2 and ALIF 2.3). The intention of this group, dedicated to property leasing, is to build warehouses at the maximum height allowed in the Platform (16m) for logistics work. The imminent sale of this second plot (located in front of the first) closes the second largest operation of the Platform in its history, surpassed only by that signed in 2003 with the Inditex group (for a total of 200,000m2). Following these are the sales agreed in 2009 with the BSH group (124,000m2) and Decathlon (91,000m2) in 2010. In addition, following this latest transaction approved yesterday, Plaza has now sold most of its railway area. In addition, the Plaza Board of Directors has a second operation: another purchase option for the courier company, TXT, which last November acquired 15,000m2. It is currently building its facilities on this site, which it expects to be operational from next September, with the TXT strategy involving the hiring of 30 new workers in the first phase. However, this may be too small for its plans in the medium term, and it has therefore proposed a purchase option for another 15,500m2 which would be occupied by a possible extension. According to the company, the intention is to address an expansion in its national network of peninsular branches, currently consisting of 66 centres.

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