Work will start on site before the end of 2018, with delivery is planned for the third quarter of 2019.

The park is part of the Platforma Central Iberum, a 350-hectare sustainable logistics and industrial zone. The new facility has been designed to achieve BREEAM Very Good certification. In line with all new P3 projects, the warehouse will incorporate several eco-friendly technologies, including LED lighting and improved thermal insulation for enhanced energy saving. It will also feature parking bays with connections for charging electric vehicles. As part of the Platforma Central Iberum, it will also benefit from a self-supply irrigation system and the use of renewable local energy supplies. There will also be a bike path linking the building to the nearest train station.

David Marquina, P3’s Managing Director in Spain, said: “One of P3’s core strategic priorities is to work closely with our customers, supporting their business growth. Airbus is an important new customer for us. We are, therefore, delighted to be able to provide them with their new facility and look forward to developing a long and mutually beneficial partnership with them.”

The new Airbus logistic hub will be the second P3 logistics warehouse in Illescas, where it now has close to 200,000 m2 built or under development. P3 is currently offering a plot suitable for a new 53,000 m2 Build-to-Suit logistics facility on the park.

Ildefonso Alonso, who is responsible for real estate at Airbus Spain, commented: “This logistic warehouse is an excellent demonstration of the collaboration and synergies to be obtained between the different Airbus organisations in Spain.”