Neinver has acquired a 210,000 m[sup]2[/sup] plot of land with 140,000 m[sup]2[/sup] of building rights in Madrid's Vicalvaro district. The company is planning to develop an industrial park on the site with an investment of EUR 300mln. This is the last plot within the city of Madrid which is to be destined for industrial use, Neinver said in a press release. The park will be part of a masterplan which will include residential areas, as well as commercial spaces and sport facilities.
Neinver has acquired a 210,000 m2 plot of land with 140,000 m2 of building rights in Madrid's Vicalvaro district. The company is planning to develop an industrial park on the site with an investment of EUR 300mln. This is the last plot within the city of Madrid which is to be destined for industrial use, Neinver said in a press release. The park will be part of a masterplan which will include residential areas, as well as commercial spaces and sport facilities.
Neinver is a Spanish real estate company currently active in Spain, Italy, Poland, Portugal, Czech Republic and Switzerland.