Overview
- The purchase was executed in cash via Inditex vehicle Alveston ITG SL after a public tender in which it was the sole bidder.
- Reports cite €64.9 million as the cash price with about €13.6 million in taxes, bringing the reported total to roughly €78.5 million.
- Coverage lists the parcel at 381,804 square meters, though some reports cite differing lot sizes within the IN1 division.
- Espais Econòmics Empresarials, a public company owned by the Generalitat and Sepides, commercialized the 1,000,202‑m² IN1 parcel once the prior reservation for a cathode supplier was lifted.
- Inditex has not decided which brand will use the future platform and says the development will take years, as officials tout Parc Sagunt II’s growing role as a Mediterranean logistics hub.