19 March 2019 – Gazeley, a leading investor and developer of logistics warehouses and distribution parks, today announced the appointment of Miguel Monreal as Senior Development Director in Spain as it continues to bolster its presence in the region.
Reporting into Oscar Heras, Director in Spain for Gazeley, Miguel will be responsible for build-to-suit and speculative developments, helping to develop the growing land bank in the country. Since Gazeley re-entered the market in October of last year, it has already announced the construction start of a 48,000 SQM warehouse in Guadalajara and a 38,000 SQM warehouse in Illescas, both of which are due to complete later this year.
With over 20 years in logistics and industrial real estate, Miguel brings a wealth of experience to the team at a time of rapid growth for Gazeley. Prior to this role, Miguel worked for ten years at CBRE as Head of Industrial & Logistics Investment Properties where he was responsible for the development and subsequent sales of speculative projects in Spain.
Oscar Heras, Director Spain at Gazeley: “Since we re-entered the Spanish market last year, we have made significant progress in acquiring sites, announcing two new developments that will complete this year and we have more in the pipeline. Miguel brings significant experience to our team, helping us to ensure that we continue to provide the best assets in the most ideal locations to our customers and maintain the highest standard that Gazeley has set across Europe.”
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Gazeley is a leading developer, investor and manager of European logistics warehouses and distribution parks with a 17 million square foot portfolio concentrated in the strategic logistics markets of the UK, Germany, France, Spain and the Netherlands. In addition to its operating portfolio, which is 98% leased to blue chip customers such as Amazon, UPS and Volkswagen, Gazeley has a prime land bank which allows for the development of an additional 16 million square feet. Gazeley is GLP’s Europe platform.
GLP is the leading global provider of modern logistics facilities and technology-led solutions, with approximately US$64 billion in assets under management across its real estate and private equity segments. The Company’s real estate fund platform is one of the largest in the world, spanning 73 million square meters (785 million square feet). In 2019, GLP was recognised by Private Equity Real Estate (PERE) as Global Firm of the Year and Logistics Investor of the Year.
For further information about Gazeley please go to www.gazeley.com
For further information about GLP please go to www.glprop.com