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Aena S.M.E., S.A. (AENA.MC)

MCE - MCE Delayed Price. Currency in EUR
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147.20-1.80 (-1.21%)
At close: 05:35PM CET
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  • Reuters

    Spain's Aena opens bidding for new Madrid airport logistics hub

    Spain's Aena kicked off the bidding on Friday for a 28-hectare plot near Madrid-Barajas where the airport operator plans to build a mega-hub for air and ground freight to capitalise on a boom in logistics. The move is the first step in a plan announced earlier this year to build the hub, called Airport City, near Aena's largest airport which it also hopes will become an international flight hub connecting Asia to Europe and Latin America. Potential investors face a qualifying phase in which they must commit to providing 125% or more of the initial capital expenditure, which Aena estimated at 107 million euros ($124 million), in exchange for a majority stake in a joint venture.

  • Reuters

    UPDATE 1-Spain's Aena opens bidding for new Madrid airport logistics hub

    Spain's Aena kicked off the bidding on Friday for a 28-hectare plot near Madrid-Barajas where the airport operator plans to build a mega-hub for air and ground freight to capitalise on a boom in logistics. The move is the first step in a plan announced earlier this year to build the hub, called Airport City, near Aena's largest airport which it also hopes will become an international flight hub connecting Asia to Europe and Latin America. Potential investors face a qualifying phase in which they must commit to providing 125% or more of the initial capital expenditure, which Aena estimated at 107 million euros ($124 million), in exchange for a majority stake in a joint venture.

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