Business & Investment

Spain’s Aena Starts Bidding for New Madrid Airport Logistics Hub By Reuters

© Reuters. File Photo: On March 9, 2016, the logo of Spanish airport operator Aena is displayed at the top of the welcome sign outside Adolfos Ares Barajas Airport in Madrid, Spain. REUTERS / Sergio Perez

Clara-Laeila Laudette

Madrid (Reuters)-Aina of Spain began bidding on a 28-hectare plot near Madrid-Barajas on Friday. Airport operators will build megahubs for aviation and ground freight to take advantage of the logistics boom.

The move is the first step in a plan to build a hub called Airport City near Aena’s largest airport, announced earlier this year, and is also expected to become an international hub connecting Asia with Europe and Latin America. doing.

Potential investors must promise to offer more than 125% of initial capital spending, estimated by Aena to be € 107 million ($ 124 million), in exchange for a majority stake in the joint venture. We are facing a qualification stage that must be done.

Bidder must present the document by November 7, a parcel of land known as Area 1 will be auctioned in the first quarter of 2022, and state-owned Aena is a newly established company. Will hold a minority stake in.

Aena said in a statement that it would lease Area 1, a combination of 153,000 square meters of development area and land reserved for 4 hectares of green space, to its majority partner for 75 years.

Airport City provides investors with a total of 2.1 million square meters of buildable space dedicated to cross-docking, storage, logistics warehouses, related aviation service providers, and offices, hotels, and parks.

On Thursday, the company worked with the Worldwide Flight Service (WFS) for 30 years to use the air cargo polygons at Barajas Airport, two logistics compartments in Madrid (an area separate from the airport city that has not yet been built). I also signed the lease.

Aena said in a statement that WFS paid € 2 million annually to use about 12,200 square meters for air cargo activities such as storage and handling of goods, about 360% above expectations.

($ 1 = 0.8648 euros)

Disclaimer: Fusion media We inform you that the data contained on this website is not necessarily real-time or accurate. All CFDs (stocks, indices, futures) and forex prices are offered by market makers, not exchanges, so prices may not be accurate and may differ from actual market prices. In other words, price is an indicator and is not suitable for trading purposes. Therefore, Fusion Media is not responsible for any transactional losses that may occur as a result of using this data.

Fusion media Alternatively, anyone involved in Fusion Media will not be liable for any loss or damage resulting from relying on the data, quotes, charts, trading signals and other information contained on this website. Please be fully informed about the risks and costs associated with financial market transactions. This is one of the most risky forms of investment possible.



Spain’s Aena Starts Bidding for New Madrid Airport Logistics Hub By Reuters

https://www.investing.com/news/stock-market-news/spains-aena-opens-bidding-for-new-madrid-airport-logistics-hub-2638686 Spain’s Aena Starts Bidding for New Madrid Airport Logistics Hub By Reuters

Back to top button