Spain’s Aena opens bidding for new Madrid airport logistics hub

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The emblem of Spanish airports operator Aena is seen on the highest of a welcoming signal outdoors Adolfo Suarez Barajas airport in Madrid, Spain, March 9, 2016. REUTERS/Sergio Perez

MADRID, Oct 8 (Reuters) – Spain’s Aena kicked off the bidding on Friday for a 28-hectare plot close to Madrid-Barajas the place the airport operator plans to construct a mega-hub for air and floor freight to capitalise on a growth in logistics.

The transfer is step one in a plan introduced earlier this yr to construct the hub, referred to as Airport Metropolis, close to Aena’s largest airport which it additionally hopes will turn into a world flight hub connecting Asia to Europe and Latin America.

Potential buyers face a qualifying part during which they need to decide to offering 125% or extra of the preliminary capital expenditure, which Aena estimated at 107 million euros ($124 million), in change for a majority stake in a three way partnership.

Bidders have till Nov. 7 to current their documentation, with the plot of land often called Space 1 anticipated to be auctioned within the first quarter of 2022, and state-owned Aena set to retain a minority stake within the newly-formed firm.

Aena mentioned in an announcement it can lease Space 1, which is able to mix 153,000 sq. metres of developed space and 4 hectares of land reserved for inexperienced areas, to its majority accomplice for a interval of 75 years.

Airport Metropolis will provide buyers 2.1 million sq. metres of buildable area general, devoted to cross-docking, storage and logistics warehouses and suppliers of related aviation companies, in addition to workplaces, lodges and parks.

The corporate on Thursday additionally signed a 30-year lease with Worldwide Flight Companies (WFS) to make use of two logistics plots in Madrid-Barajas airport’s Air Cargo Poligon – an space separate to the yet-to-be-built Airport Metropolis.

WFS can pay 2 million euros per yr to make use of round 12,200 sq. metres for air-freight actions together with merchandise storage and dealing with, Aena mentioned in an announcement, some 360% above the anticipated worth.

($1 = 0.8648 euros)

Reporting by Clara-Laeila Laudette; Enhancing by Kirsten Donovan and Alexander Smith


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