Dunas Capital Real Estate (DCRE), the real estate asset management division of the Dunas Capital Group, has formally established the Compensation Board for the “Alma Meco” project, a decisive milestone for the development of what is already the largest logistics land bank in the Community of Madrid. The company positions itself as the manager of the largest portfolio of available logistics land in Spain, reinforcing its role as one of the main players in the national logistics real estate sector.
The project, managed by DCRE, has had Grupo ARNAIZ as real estate and urban planning advisor for the development. It envisages the development of a next-generation Logistics Technology Park in the municipality of Meco, designed to alleviate the structural shortage of large-scale logistics-industrial land in Spain and consolidate this location as the main logistics hub of the Region and the country.
“Alma Meco” comprises more than 2.5 million square meters of gross land (1.6 million square meters net), with XXL plots ranging from 30,000 to 376,000 m². This scale will allow the development of large-volume and highly flexible assets. It stands as the only alternative in Spain capable of hosting logistics buildings of 230,000 m² on a single plot. The development has a buildable capacity of 1 million m².
The park has been designed according to the highest standards of sustainability and energy efficiency, incorporating advanced criteria for operational functionality and flow optimization. Its location—35 kilometers from Madrid, along the A-2 corridor, 25 kilometers from the Coslada-San Fernando Logistics Hub and Adolfo Suárez Madrid-Barajas Airport, and with direct access to the R-2—places “Alma Meco” in a strategic position for national and international distribution.
High commercial demand and economic impact
The project has generated strong demand from leading logistics operators and retailers, even before the final approval of the urbanization and land reparcelation projects. Among the transactions already completed, the sale of 376,000 square meters of land stands out, meaning that 25% of the total project area has already been commercialized.
Overall, more than a quarter of the capacity has already been committed, reinforcing the viability and strategic nature of “Alma Meco” for national and international logistics operators, major retailers, e-commerce platforms and data centers.
The economic impact will be structural for the region. An investment of close to €1 billion is expected, along with the creation of more than 5,000 direct jobs once the park is fully operational, contributing to the strengthening of Madrid’s logistics ecosystem and associated industrial activity.
In terms of governance, the promoting partners will control approximately 85% of the total land through syndicated shareholdings that provide shareholder stability and facilitate agile decision-making. DCRE also has a Comprehensive Management and Project Management contract linked to the Compensation Board, ensuring centralized coordination, greater operational efficiency and minimizing project execution risks.
The urban development project is progressing very satisfactorily. The newly established Compensation Board will manage the final approval of the Land Reparcelation and Urbanization Projects during the current year, with the start of urbanization works scheduled for January 2027 and the first users expected to begin operations by the end of 2028.
Dunas Capital Real Estate strengthens its logistics leadership
With “Alma Meco”, DCRE consolidates its position as the manager of the largest logistics land portfolio in Spain. The project joins the Noblejas Logistics Technology Park in Toledo (more than 2.5 million m² and three operators already established); its participation in the development of two logistics platforms in the Antequera Dry Port totaling 100,000 m²; a Cross-Dock asset in Loriguilla of more than 25,000 m²; the recent delivery of a 50,000 m² cold-storage logistics platform in Chiloeches; and the acquisition of an industrial plot of more than 125,000 m² in Castellbisbal, marking the company’s first entry into Barcelona.
Currently, DCRE manages more than 4.5 million square meters of net industrial land in Spain and a logistics platform composed of five large-format assets totaling more than 225,000 m² of space, located in different areas: Noblejas (Toledo), Chiloeches (Guadalajara), Loriguilla (Valencia) and Antequera (Málaga), and supported by lease agreements of between 15 and 20 years with prime operators.
The DCRE team is made up of a multidisciplinary group of more than 17 senior professionals specialized in logistics and is led by Miguel López Puche, CEO of DCRE. In his words, “this milestone represents the official launch of the Alma Meco project, through which DCRE will consolidate its leadership position in large-scale platforms in the Spanish market.”
About Dunas Capital Group
Dunas Capital Group is a leading independent platform in Spain for the management of financial, real estate and alternative assets, with more than €5.3 billion under management. The group offers investment solutions through a product portfolio characterized by a high degree of innovation and excellence. Its team is composed of more than 70 professionals with extensive experience in financial markets, Banking, Insurance, Private Equity and Asset Management
