Rockspring Property Investment Managers has acquired a major development site on the Los Gavilanes estate in Getafe, Madrid on behalf of a separate account client. The investment comprises 88,000 sqm and will offer units of as little as 8,000 sqm for maximum flexibility. The company plans to start construction at the end of February, with completion set for the first quarter of 2017. Upon completion, Rockspring’s Spanish logistics portfolio will comprise 110,000 sqm of Grade A area across two prime locations.
