Delin Property's recent acquisition of three logistics properties in Spain and the Netherlands signifies a strategic expansion, adding an estimated 25,400 square meters of leasable area and 44 million euro in gross development value (GDV) to its European portfolio. These projects include two development sites in Madrid, Spain, and one in Uithoorn, approximately 20 kilometers from central Amsterdam, Netherlands. All projects will be developed as multi-tenant facilities, with each building comprising two to four units to optimize rental value, a segment that often sees higher rents for smaller warehouse spaces. The facilities aim for BREEAM "Excellent" certification and are designed with a floor load capacity of up to 5 tons per square meter.

Igor Linshits, founder of Delin Property, stated that these investments reflect the company's ambition to expand its presence across Europe through direct investment and cooperation with institutional clients. According to Linshits, Delin is targeting the shortage of modern, sustainable logistics facilities in both existing and emerging distribution hubs throughout the continent.

Delin acquired a site in San Fernando de Henares, Madrid, Spain. Photo: Delin Property

In the Netherlands, Delin Property purchased a 1,36 hectare plot in Uithoorn, where it plans to build an 8,700 square meter warehouse with a clear height of 12,2 meters. This project benefits from excellent connectivity, being near Schiphol airport and the ports of Rotterdam and Amsterdam. Additionally, it can access approximately 5 million consumers within a one-hour drive radius.

In Madrid, the first project is situated in San Fernando de Henares, less than 15 kilometers from the city center and about 4 kilometers from Madrid-Barajas airport. Delin plans to develop a 7,700 square meter warehouse with a clear height of 10,5 meters at this location.

The second project in Madrid is located in Vicalvaro, approximately 7 kilometers east of the city center. This 8,750 square meter facility is positioned as a last-mile logistics center, designed to be divided into three units.

Delin Property is a United Kingdom (UK)-based company that invests in and develops logistics real estate across Europe. It serves both institutional clients and manages its own investment portfolio.

By Nhu Y (According to Logistics Manager)