El Corte Inglés to invest in building urban logistics hubs

Source: Modaes.es, Friday, Jan 11, 2019

One of the parts of the El Corte Inglés center on Colón street in Valencia, owned by the real estate group Corpfin Capital Real Estate since last fall, will become a logistics hub to serve the last mile. For this year, the company plans to allocate EUR80 million to the creation of this type of assets – to tap into the growing Spanish ecommerce market. (Spanish language)