Inditex is awarded a plot subsequent to the Volkswagen gigafactory in Sagunto for 64 million | Companies | EUROtoday

Espais Econòmics Empresarials (EEE) has awarded a plot of 381,804 sq. meters in Parc Sagunt II to the corporate Alveston ITG for 64 million euros. It would be the Inditex group, via this firm, that may use the land.
It ought to be remembered that Tempe, from the Inditex Group, already acquired in 2019 a plot of 280,000 sq. meters that the Port Authority of Valencia (APV) owned in Parc Sagunt.
The land now awarded, which will likely be used for industrial and logistics makes use of, is a part of the IN1 plot, which has a complete space of 1,000,202 sq. meters and a joint minimal value of 160,032,348.80 euros.
In the commercialization of those lands, which started in August, firms have been allowed to go for the acquisition of your complete land or for one of many 4 heaps into which the sale was divided, as has been the case.
For its half, the Generalitat knowledgeable this Wednesday of the award to Alveston ITG and highlighted that “this operation represents a key step in the consolidation of Parc Sagunt II as one of the large logistics and industrial centers of the Mediterranean Arc, a pole of innovation and industrial development of the Valencian Community.” The sale has been made completely in money, with out deferred fee formulation, he detailed.
The administration has highlighted that Parc Sagunt II “continues to advance in its mission of hosting important industrial and logistics projects, such as the Volkswagen group’s electric battery gigafactory, which reinforces its role as one of the great industrial engines in Spain.” It has highlighted not solely the strengthening of the commercial infrastructure of the Valencian Community, but in addition the opening of latest alternatives for funding and enterprise collaboration within the logistics, manufacturing and manufacturing fields.
https://cincodias.elpais.com/companias/2025-11-05/inditex-se-adjudica-una-parcela-junto-a-la-gigafactoria-de-volkswagen-en-sagunto-por-64-millones.html